Kolkata (ANTARA News/Asia Pulse) - French FMCG giant Groupe Danone is eyeing a majority stake in a Rs 2.5 billion (US$63 million) dairy project in Rajasthan promoted by Kolkata-based Keventer Group and the state government.
"Danone is seeking majority stake, but we are not going to do that. Danone is one of the few international companies with whom we are negotiating to be our partner in the value added dairy project, but we have not yet finalised it," Keventer Group chairman M K Jalan said.
He said "We want a structure where Keventer and the international partner will hold 44.5 per cent each and Rajasthan government 11 per cent for offering the land for the project."
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