Del Monte inaugurates its R&D and Manufacturing Facility of Processed Food and Beverage in Hosur

To focus on innovation and product customization to cater to the Indian market

• FieldFresh Foods Pvt. Ltd invests over Rs. 115 crores on state-of-the-art facility

• Facility is the first of its kind in India with beverage and processed food production under one roof

Hosur/ New Delhi, November 2, 2010: FieldFresh Foods today inaugurated a state-of-the-art R&D and manufacturing facility at Hosur, Tamil Nadu. The facility will produce processed food and beverage products under the label Del Monte. The commemorative plaque marking the occasion was unveiled by Mr. Rakesh Bharti Mittal, Vice-Chairman & Managing Director, Bharti Enterprises and Joselito D. Campos, Jr, Managing Director and Chief Executive Officer, Del Monte Pacific Ltd. (DMPL).

The inauguration marks a significant milestone for FieldFresh Foods, the JV between Bharti Enterprises and Del Monte Pacific, which was formed in end 2007. Since then, the Del Monte processed food and beverage business has introduced a range of over 68 SKUs ( stock keeping units) and made major inroads in the consumer and institutional markets in India

“The inauguration of the new facility clearly heralds a new phase of development for Brand Del Monte in the processed food and beverages category in India. This investment underlines FieldFresh Foods’ commitment of delivering world class products of great quality and taste for the discerning Indian consumers and raising the standards of the industry. Going forward our vision is to make Del Monte as one of the top 10 brands in the processed food and beverage industry over the next few years”, said Mr. Rakesh Bharti Mittal, Vice-Chairman & Managing Director, Bharti Enterprises.