# Britannia signs MoU with Chipita for joint venture in India

Britannia Industries signed a non-binding MoU with Greece's Chipita to form a joint venture to manufacture rolls, croissants and other dough products in India, with an initial manufacturing investment of about $11 million.

- Type: Partnership
- Announced: 2017-02-21
- Where: India
- Value: $11.0M
- Status: announced
- Products: rolls, croissants, dough products
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Britannia Industries](https://endata.com/companies/22345.md) (partner)
- [Chipita](https://endata.com/companies/22346.md) (partner)

## Sources

- [marketpressrelease.com](https://www.marketpressrelease.com/Britannia-signs-MoU-with-Greeces-Chipita-for-joint-venture-in-India-1487679476.html), 2017-02-21: "We've signed a non-binding MoU and are working towards formalising a joint venture."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.