Adani Wilmar, the world's largest edible oil producer, launches its IPO today to earn up to Rs 3,600 crore IPO. The proceeds of the public offering will be used to fund capital expenditure, debt reduction, and acquisitions as the company strives to become India's largest food and FMCG company. Speaking to ET NOW, Pranav Adani, Director, Adani Wilmar says there is a significant growth opportunity in the food business. He anticipates strong demand from rural markets. He believes high raw material prices are now behind us. The company aspires to be in every kitchen going forward. The focus is on building distribution and rural infrastructure. What is the roadmap ahead? Watch the full interview on The Market to find out all the details.
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