date:Apr 08, 2014
India, the parties will operate the JV under Maruchan Ajinomoto India name. Toyo Suisan Kaisha will have 51% stake, while Ajinomoto will own the remaining 49% holding.
The JV in both the countries is expected to commence sales in fiscal 2016.
Ajinomoto engages in the manufacture and sale of seasonings, processed foods, amino acids, pharmaceuticals, specialty chemicals, among others.
Established in 1953, Toyo Suisan Kaisha sells instant noodles, fresh noodles, frozen noodles and processed food