Indian firm Parikh Packaging has signed an agreement with Bharti-Walmart, a joint venture of Bharti Enterprises and Walmart Stores for packaging the products.
Parikh Packaging director Pavan Parikh said the company had joined forces with Bharti-Walmart, which will be launching 1,200 stores this year.
“We would be packing 28 products for them,” Parikh said
Parikh Packaging said it will invest Rs 45-50 crore ($10m-$11m) in the next five years and has recently invested Rs 30 crore ($6.6m) in a brownfield expansion.
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