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Danone-backed Indian yoghurt maker Epigamia shelves plan to sell inflation-hit business

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Indian yoghurt maker Epigamia, backed by French dairy giant Danone , has shelved plans to sell its inflation-hit business and is now looking to expand to new markets, its CEO said in an interview.

SummaryCompany now charting recovery with lower costs, CEO saysPlans to launch products in the Middle East market by 2025-26, has shelved plans to sell its inflation-hit business and is now looking to expand to new markets, its CEO said in an interview.

But the company has been operating mostly in the red - its struggles a striking example of how surging costs are biting small consumer goods startups in India.

 

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