Rice bran oil producer AP Solvex said that the company is planning to sell its product under the Big Bazaar brand name. The company has been holding talks with Kishore Biyani-owned Big Bazaar to finalise the deal.
A R Sharma, Chairman, A P Solvex, revealed that the deal is expected to be finalised soon. He also said that Big Bazaar has been visiting their facilities and the talk is still on.
The Punjab-based firm produces about 70,000 tonnes of rice bran oil annually and supplies to food companies such as PepsiCo for its snack 'Kurkure', Marico for its brand Safola and Agrotech for its edible oil blend Sundrop-Heart.