Ingredion announces strategic partnership with Sanstar Limited expanding access to pharma and food ingredient markets in India
Ingredion announced a joint venture with Sanstar Limited, India’s leading manufacturer of corn-based specialty products, to expand its presence in the Indian pharma and food ingredient markets. Ingredion will take a 9% equity stake in Sanstar and commission a greenfield construction project to manufacture a diversified portfolio of specialty pharmaceutical and other ingredient products.
Key figures
- Equity stake
- 9%
- Annual net sales 2025
- $7.2 billion
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