date:Jun 08, 2012
and capabilities of Kayass, will be competitive in offering differentiated products based on our best practices in manufacturing, global sourcing, product development and innovation, branding and marketing, Ramanarayanan added.
Olam plans to fund the investment through internal accruals and borrowings and expects it to be earnings accretive from the fiscal 2014.
The company forecasts this investment to generate 20% of EBITDA margin by fiscal 2016 and deliver Equity Internal Rate of Return (IRR)