Future Consumer Limited partners with Hain Celestial Group to bring Better-For-You natural products to India This will include organic and natural products under various categories

Future Consumer Limited, the food and FMCG arm of Future Group, has partnered with the Hain Celestial Group Inc. to bring Better-For-You organic and natural products to the Indian market. This will include natural and organic products in various categories including snacks, plant-based beverages and toddler and kidsfood products under various Hain Celestial brands including Terra®, Garden of Eatin’®, SensiblePortions®, Dream™ and Earth’s Best®.

The strategic joint venture between both the companies will provide Indian consumers with a vast array of natural and organic products. The Hain Celestial Group, Inc. is a leadingorganic and natural products company with operations in North America, Europe and India. As part of the partnership, the company is also planning to have its first factory set up in Tumkur, Karnataka by the end of this year.

IrwinD. Simon, Founder, President and Chief Executive Officer of Hain Celestial commented on the partnership,“This is a great opportunity for us to expand in the Indian market through Future Group’s strong distribution network. Our aim is to bring the best of natural and organic products to India at a price point that gives Indian consumers the best value of money. We also believe that this venture would bring great benefits to Indian farmers as we will be working on educating them so as to improve yield and cultivate new vegetables to manufacture Terra chips alone.”

“Our partnership with Hain Celestial will help us provide Indian consumers with the best of natural and organic products. We are excited at the prospect of revolutionising the organic food space in India with them,” said Kishore Biyani, Group Chief Executive Officer, Future Group. The Joint Venture and India expansion plan is expected to provide Hain Celestial with an opportunity to grow distribution of the company’s brands and products throughout the ountry. The company will also explore the possibility of sourcing and processing more organic and natural products from India through this partnership. It will use Future Group’s existing infrastructure and Big Bazaar outlets for distribution of its food products which will be available all over India.

About The Hain Celestial Group, Inc.

The Hain Celestial Group (Nasdaq: HAIN), headquartered in Lake Success, NY, is a leading organic and natural products company with operations in North America, Europe and India. Hain Celestial participates in many natural categories with well-known brands that include Celestial Seasonings®,Earth’s Best®, Ella’s Kitchen®, Terra®, Garden of Eatin’®, Sensible Portions®, Health Valley®,Arrowhead Mills®, MaraNatha®, SunSpire®, DeBoles®, Casbah®, Rudi’s Organic Bakery®, HainPure Foods®, Spectrum®, Spectrum Essentials®, Imagine®, Almond Dream®, Rice Dream®, SoyDream®, WestSoy®, The Greek Gods®, BluePrint®, FreeBird®, Plainville Farms®, Empire®, KosherValley®, Yves Veggie Cuisine®, Europe’s Best®, Cully & Sully®, New Covent Garden Soup Co.®,Johnson’s Juice Co.®, Farmhouse Fare®, Hartley’s®, Sun-Pat®, Gale’s®, Robertson’s®, FrankCooper’s®, Linda McCartney®, Lima®, Danival®, Happy®, Joya®, Natumi®, GG UniqueFiber®,Tilda®, JASON®, Avalon Organics®, Alba Botanica®, Live Clean® and Queen Helene®. Hain Celestial has been providing A Healthier Way of Life™ since 1993. For more information, visitwww.hain.com.

About Future Consumer Ltd

Future Consumer Limited (FCL), a part of the Future Group, operates in the Food and FMCG space with 27 brands in over 65 categories. FCL is constantly expanding its already existing vast portfolio of established Food & FMCG brands. Currently it caters to various categories such as Basic Foods, Ready to Eat Meals, Snacks, Beverages, Personal Hygiene Care and Home Care. FCL has also set up India Food Park at Tumkur, Karnataka in partnership with the Ministry of Food Processing Industries, Government of India. Spread in 110 acres of land, this state-of-the-art food park facilitates end-to end food processing along the value chain (grading, sorting, pulping, packaging & distribution) from the farm to the market.

Future Group partners with Mibelle Group, a Swiss major, to bring personal care products in India

Future Consumer Limited (FCL), a part of Future Group today announced that it will launch Indian-Swiss label personal care products in India. FCEL has entered into a joint venture with Switzerland-basedMibelle AG, a leading and recognized name in the personal care products category, with an aim to design new product concepts and market new brands in the personal care category in the Indian market. These products will be launched in early 2016.

With this move, FCL expands particularly in consumer goods such as Personal Care in view of the rapidly growing middle class segment in India. The extensive reach of Future Group’s network of over 570 outlets in 244 cities will help the products penetrate well amongst this segment.

In this endeavor, it was essential to have a trustworthy partner with a transparent business model and a good reputation such as that of Mibelle Group. Mibelle’s products are known for its high Swiss quality standards and innovation. Thus with this partnership Future Group aims to capture the booming growth in this space. The products will be available in India from spring 2016. They will be manufactured inSwitzerland and at the local factories.

About Mibelle Group

Mibelle Group is the common brand name of the Migros-owned companies Mibelle AG - Buchs, Mifa AG - Frenkendorf and Mibelle Ltd – UK As a full-service customer brand manufacturer, Mibelle Group serves the three business units Personal Care, Home Care and Nutrition. With the business unit Mibelle Group Brands, it is also active in the development and management of exclusive brands in the cosmetics sector. As an independently operating business unit, Mibelle Group Biochemistry is specialised in the research and development of active ingredients for cosmetic applications and has an outstanding reputation in the cosmetics industry worldwide.

The Mibelle Group is the number three in the European proprietary brand market. The Group has around 1,000 employees and generates sales of approximately EUR 381 million.

About Future Consumer Ltd

Future Consumer Limited (FCL), a part of the Future Group, operates in the Food and FMCG space with 27 brands in over 65 categories. FCL is constantly expanding its already existing vast portfolio of established Food & FMCG brands. Currently it caters to various categories such as Basic Foods, Ready to Eat Meals, Snacks, Beverages, Personal Hygiene Care and Home Care. FCL has also set up India Food Park at Tumkur, Karnataka in partnership with the Ministry of Food Processing Industries, Government of India. Spread in 110 acres of land, this state-of-the-art food park facilitates end-to end food processing along the value chain (grading, sorting, pulping, packaging & distribution) from the farm to the market.

Future Consumer brings one of the world’s leading food and beverage brands Sunkist^® Brand to India

FCL has entered into a long term agreement with California-based Sunkist Growers, Inc., a leading international licensor and the most widely recognized name in the citrus category, to manufacture, market and sell fruit juice, fruit juice drinks, sparkling beverages and a range of other food products under the world-famous Sunkist brand in India.

Sunkist is a brand that consumers trust to deliver consistently delicious, premium quality, fresh citrus products and FCL will bring the same commitment to quality to India with these product offerings. The agreement is part of Sunkist’s Licensed Products Program, which ensures that products are made in accordance with Sunkist’s high-quality standards.

FCL’s India Food Park in Tumkur, Karnatka will play a critical role in this partnership, managing the sourcing, manufacturing, packaging and distribution of the food and beverage products. The Sunkist line of products will be launched in all Big Bazaar, Food Bazaar, Foodhall, KB’s Fairprice, Aadhaar Wholesale, Big Bazaar Direct stores and will also be sold through all modern and general trade stores across India.“Sunkist, one of the most recognized and respected fruit brands, is an addition to the list of winning FMCG products in our portfolio. The introduction of Sunkist products in India will also mark the company’s entry into the general trade, making FCL one of the fastest growing Indian consumer goods company.” said Mr. Kishore Biyani, Group CEO, Future Group.

Sunkist is a leading food and beverage licensor, licensing the Sunkist trademark to more than 60 food and beverage companies worldwide. The Sunkist brand is present on more than 800 products in 86 countries around the globe. With this agreement, FCL has joined the league of other major FMCG companies like General Mills Inc., Titan Foods, Inc., Maverick Brands, Nestle Professional Beverages and Schweppes Australia Pty Ltd. that have been manufacturing and marketing Sunkist products across the world.

“We at Sunkist are very pleased to enter this agreement with the Future Group, as it will increase our distribution and recognition in India, a very important region in the global marketplace. With its vast retail presence in India, FCL brings a deep understanding of Indian consumers to this partnership that believe will help Sunkist secure a place among the top FMCG brands in India.” said Mark Madden, VP Licensing, Sunkist Growers, LLC.

About Sunkist

Sunkist Growers is a citrus marketing cooperative, founded in 1893, which is owned by and operated for thousands of family farmers growing citrus in California and Arizona. With over 60 years of licensing the Sunkist brand, Sunkist has built a brand that is one of the best known and most respected in the world.

About Future Consumer Ltd

Future Consumer Limited (FCL), a part of the Future Group, operates in the Food and FMCG space with 27 brands in over 65 categories. FCL is constantly expanding its already existing vast portfolio of established Food & FMCG brands. Currently it caters to various categories such as Basic Foods, Ready to Eat Meals, Snacks, Beverages, Personal Hygiene Care and Home Care. FCL has also set up India Food Park at Tumkur, Karnataka in partnership with the Ministry of Food Processing Industries, Government of India. Spread in 110 acres of land, this state-of-the-art food park facilitates end-to end food processing along the value chain (grading, sorting, pulping, packaging & distribution) from the farm to the market.

Future Ventures enters into Co-operation agreement with LT Group

1st June 2012: Future Group and LT Group today announced to enter into a co-operation agreement through which LT Group will utilize the Integrated Food park facilities that are being developed by Future Ventures for the purposes of setting up a milling, processing and storage facilities for Sona Mansuri Rice.

LT Group and Future Group will also work towards jointly developing and marketing a vast range of healthy snacks to be manufactured at Daawat Foods Facilities, a subsidiary of LT foods under the private label brand. In addition, the two business groups will also develop and market a wide range of organic staple foods being processed by Nature Bio Foods in its facilities in North India.

The Integrated Food Parks being set up by Future Ventures India Limited will provide end-to-end infrastructure and facilities for the food industry, capturing the entire value chain from sourcing to processing and packaging of food products and distribution to retailers. These parks are designed to provide an integrated facility for food processing enterprises and to enable farmers in the vicinity to sell their produce. The first Integrated Food Park is being set up across 120 acres at a site near Bangalore.

Commenting on this partnership Mr. Kishore Biyani, Founder and group CEO, Future Group said, “We are very excited to have LT Foods as a partner in our Integrated Food Parks. Food consumption in India is largely in commodities and there lies a huge opportunity to provide customers with branded, value-added products that offer superior quality and health benefits and benefit everyone in the ecosystem.”

“We strongly believe that working with Future Group will provide us a platform and tremendous opportunity to work more aggressively to realize our vision of customer delight through value added agri business”, said Mr. V K Arora, Chairman & Managing Director of LT Foods Limited.

“This Joint venture reinforces our strategy to create strong foot print in the space of Basmati and non-Basmati Rice, agri-foods and other staple foods, maximize potential of our state of the art facilities backed up with vast experience and expertise, highest quality to create long-term value for both the JV partners”, said Mr. Ashwani Arora, Joint Managing Director of LT Foods Limited.

About LT Foods Limited:

With a core vision of maximizing customer’s delight through value expression, LT Foods Limited stands strong as the leading processor and exporters of packaged Basmati rice in the country. The company is a dynamic and diversified agribusiness and foods company dealing in varied businesses such as Organic Foods, Grain Storage, Staple Foods and Healthy snacks market. Headquatered in Gurgaon, LT Foods employ around 900 employees in India and abroad. With net sales of ? 1400 Cr in FY’12, it has robust plans to expand its businesses internationally. The company’s flagship brand ‘Daawat’ launched in 1980’s is now recognized as the leading brand in the industry. LT Foods has a strong global network in more than 50 countries across the globe in major markets like USA, UK, Germanay, France, Spain, Middle East, South Africa, Mauritius and Australia.

About Future Group:

Future Group Operates some of India’s most popular retail chains along with other businesses in the consumption space. The group connects over 300 million customers who visit its stores annually with a large number of small, medium and large producers and manufacturers through retail chains spread across over 16.5 million square feet in 93 cities. Among its various formats are , Food Bazaar and KB’s Fairprice, with around 200 Stores each and Food Hall, a gourmet food chain and rural distribution network, Aadhar. The company also owns multiple food brands and operates an extensive food sourcing network focused on agri-commodities and fresh fruits and vegetables. Group Company, Future Ventures India Limited invests and partners in companies engaged in food, fashion, edutainment, rural distribution and is also setting up two integrated Food Parks in South and East India. Future Group considers Indianess as a core value driving the group.

Fonterra and Futureconsumer Limited JV to Provide High Value Dairy Nutrition in India

8th August 2018, Mumbai: Fonterrahas announced a joint venture partnershipwith one of India’s largest consumer companies, Future Consumer Ltd, to produce a range of consumer and foodservice dairy products that will help meet the growing demand for high-quality dairy nutrition in India. 

Lukas Paravicini, Fonterra’s Chief Operating Officer Global Consumer and Foodservice, said the partnership, under the name Fonterra Future Dairy Partners,will enable Fonterra to establish a presence in India.

“It will allow us to prepare the groundwork and make the most of our expertise as we enter the world’s largest and fastest growing dairy industry.Consumer demand for dairy in India over the next seven years is set to increase by 82 billion litres – seven times the forecasted growth for China.

“The partnership will be driven by growth through profitability. The initial stages of the partnership will focus on product development, and marketing with the right capital investment made during this period. The first consumer products will be launched by the middle of 2019, using both locally sourced milk anddairy products from New Zealand.

“We will also use this time to settle in the partnership infrastructure, learn the market and prioritise geographies.”

Mr. Paravicini, added that the joint venture comes at a time when the Indian dairy industry is transforming itself. 

“This has resulted in a big shift away from more traditional locally-based dairy businesses with limited product and brand differentiation, to a new era where more value-added and innovative dairy products are in high demand across the country,” he said.

Fonterra MD Sri Lanka & Indian Subcontinent, Sunil Sethi, said that India was also witnessing the emergence of newFMCG organisations like Future Consumerwhich has adeep understanding of the Indian consumer, the experience of working with international partners, and anationwide supply chain and retail network.

“These dynamics have created an opportunity for this partnership, where we will focus on leveraging our global dairy innovation, manufacturing and nutrition expertise,” said Mr Sethi.

Kishore Biyani, Group Chief Executive Officer, Future Group, said the association with Fonterra comes at a time when the dairy industry in India is flourishing.

“Consumption of milk and other dairy products in India are increasing and will continue to receive strong demand. With Fonterra, Future Consumer will enhance its food and FMCG portfolio and will offer a variety of dairy products which are high in demand and consumed daily.” he said.

Driving this growth is the country’s young population where 70 per cent of people are below 45 years old. They are digital, live in urban areas, lead an active lifestyle, have more disposable income, and want to consume higher quality and higher nutritionaldairy products. 

Ashni Biyani, Managing Director of Future Consumer Limited, added: “As a company that stands for FMCG 2.0, Future Consumer is committed to provide not only the best, but the latest in food and other daily consumed products. We are delighted to partner with Fonterra, who globally leads the dairy industry in quality and innovation. Through this partnership, we will be able to reach our customers daily with quality dairy products.” 

Future Consumer Ltd is part of the Future Group which is leading the way in India by developing a new retail experience for consumers, with plans to launch 1,100 stores this year. The stores will be within close proximity of target consumers, and feature a complete digital experience both in-store and through a virtual market place. 

The new retail experience will add to Future Group’s existing footprint. Future Group is present in 26 of 31 Indian states with over 2,000 modern trade outlets and 5,000 public distribution outlets and a nationwide cold-chain and ambient distribution network.

ABOUT FONTERRA

We’re a global dairy nutrition company owned by 10,000 farmers and their families. We’ve built our expertise on the legacy of the thousands of farmers who’ve made New Zealand a world leader in dairy.  With a can-do attitude and a collaborative spirit, we’re a world leading dairy exporter. Our 22,000 people share the goodness of dairy nutrition with the world through our innovative consumer, foodservice and ingredient solutions brands, and our farming and processing operations across four continents.

ABOUT FUTURE CONSUMER LIMITED (FCL)

Future Consumer Limited (FCL), a part of the Future Group, operates in the Food and FMCG space with 27 brands in over 65 categories. FCL is constantly expanding its already existing vast portfolio of established Food & FMCG brands. Currently it caters to various categories such as Basic Foods, Ready to Eat Meals, Snacks, Beverages, Personal Hygiene Care and Home Care. FCL has also set up India Food Park at Tumkur, Karnataka in partnership with the Ministry of Food Processing Industries, Government of India. Spread in 110 acres of land, this state-of-the-art food park facilitates end-to-end food processing along the value chain (grading, sorting, pulping, packaging & distribution) from the farm to the market.