Indian food company Britannia Industries is keen to increase its international footprint by expanding in Egypt and Myanmar, Managing Director Varun Berry tells The Hindu. Egypt was chosen as outlet to reach other countries, said Berry, adding that “Britannia is looking for new markets and will add one new market every year.” As we noted yesterday, food and beverages companies may be the most to gain from the new Investment Act and the current economic climate, which may prompt new entry by foreign companies.

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