The chain 'NRI Panipuri' will have around 500 small franchisee outlets in the city over the next one year. After Ahmedabad, the group will enter centres like Vadodara, Rajkot, Mehsana and Bhavnagar.
After ruling the packaged milk and ice cream markets, Brand Amul has set its eyes on the bakery segment. Anand-based Gujarat Cooperative Milk Marketing Federation, which markets Amul brand of dairy products, is planning to manufacture biscuits and cakes under the umbrella brand name. A range of bakery items, including bread, bun and toast, is also on the menu of Kaira District Co-operative Milk Producers' Union, an important member of GCMMF.
ASE Capital Markets, a subsidiary of The Ahmedabad Stock Exchange, the second oldest bourse in India, is selling a part of its holding in the Bombay Stock Exchange -- the second time in less than 12 months.
Besides looking to grow through the inorganic route, the company has embarked on an expansion strategy by planning to set up four manufacturing plants at Bavla in Gujarat.
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