Italy's Gianesin Canepari to invest Rs. 150 crore in food and beverages sector.

Gianesin Canepari & Partners (GC&P), an Italian lean management and business consulting company, plans to bring in more than Rs. 150 crore of investment into the Indian food and beverages sector over the next three years, a top executive said.

It plans to set up a chain of Italian restaurants called Macchiato and launch wines under the Tere De Vinegia brand, said Alok Tiwari, chief executive of GC&P India. Other investments would include dairy products manufacturing.

'Currently, the world is eyeing India and it is one of the big emerging markets. Looking at how the new government is simplifying policies for investors, we expect the F&B industry in the country to grow by over 20% every year,' Tiwari told ET.





ET