TOKYO -- Kameda Seika, Japan's largest producer of rice crackers, will establish a joint venture with an Indian food company to make the snacks in the South Asian country, sources revealed. The goal is to get a factory up and running by spring 2018.
The partner is LT Foods, a rice merchant and exporter in the state of Haryana. Next spring, the companies will set up a venture called Daawat Kameda, which will become Kameda's fifth overseas manufacturing arm, including operations in the U.S. and Thailand.
