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Adani Wilmar news
Adani Wilmar (now known as AWL Agri Business, formerly Adani Wilmar) is a major Indian food FMCG company, formed as a 50/50 joint venture between India's Adani Group and Singapore's Wilmar International, offering products like edible oils (Fortune brand), wheat flour, rice, pulses, and soaps, with a focus on essential kitchen commodities for Indian consumers and expanding into global markets. 

Key Aspects:

Joint Venture: Established in 1999, a strategic partnership between the Adani Group and Wilmar International.

Flagship Brand: Their well-known "Fortune" brand is India's largest-selling edible oil brand.

Product Portfolio: Includes edible oils, staples (wheat flour, rice, pulses, sugar), packaged foods (ready-to-cook), and personal care (Alife soap).

Business Model: Operates through an integrated model with numerous processing plants and a wide distribution network across India.

Market Position: A leading player in India's food processing and FMCG sector, also exporting to other regions.

Recent Changes: The company rebranded from Adani Wilmar to AWL Agri Business as Adani's stake in the JV reduced, focusing on its core food business. 

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