Ruchi Soya Industries will sell 51 percent stake to global PE firm Devonshire Capital for Rs 4,000 crore. In an interview to CNBC-TV18, Satendra Aggarwal, COO of the company spoke about the same.
This year, the monsoons have been very positive for the economy. Dinesh Shahra, managing director of Ruchi Soya Industries told CNBC-TV18 that the crop this year would do better this year than last year. He also indicated that the company would expand up to 15,000 hectares per year.