Market News

India at cusp of 'snacking renaissance'; L Catterton bets on healthy snacking, branded foods

Expressing enthusiasm for India's rising consumption trends, L Catterton zeroes in on the healthy snacking and branded foods market. Having launched its first fund dedicated to India, the firm has made three key investments lately. Executive Chairman Sanjiv Mehta emphasizes the importance of transitioning from unbranded to branded products, predicting a resurgence in Indian snacking habits while calling for heightened investments in food innovation to cultivate globally recognized brands.