Fyffes forms India joint venture

Fyffes has today announced that it has formed a 50:50 joint venture with Suri Fruit Agency (Suri) in Northern India.

The new company is called Suri Agro Fresh Pvt Ltd. And will be managed by Mr Sudhir Suri and Mr Hitin Suri.

It is to be based in Delhi, India. It will have net assets of approximately €300,000 and turnover in the order of €6m, Fyffes said.