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Business Updates

Sayaji Industries announces entry into caramel manufacturing through JV with Nigay SAS

FoodTechBiz Desk

Sayaji Industries Limited today announced on its social media handles about its entry into the caramel manufacturing segment through a 50:50 joint venture with Nigay SAS, a France-based global leader in caramel solutions.

As part of the partnership, the two companies will establish a state-of-the-art caramel manufacturing facility in Ahmedabad. The plant will cater to high-growth markets across India, the Middle East, Africa, and South East Asia, strengthening regional supply capabilities for premium caramel ingredients. The facility is expected to be operational by the end of calendar year 2027.

This strategic collaboration brings together Sayaji Industries’ strong manufacturing expertise and deep regional presence with Nigay’s global leadership, technical know-how, and innovation in caramel manufacturing. The joint venture marks a significant milestone in Sayaji Industries Limited’s ongoing focus on expanding into niche, value-added food ingredient segments.

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