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- Modern_Food_Industries abstract "Modern Food Industries (India) Ltd (MFIL) was set up in 1965 as Modern Bakeries (India) Limited. It was set up under the Colombo plan. It got its present name in 1982. MFIL had bread manufacturing units in 13 cities spread across India. MFIL had also marketed fruit juice concentrate under brand name Rasika in Delhi. MFIL also produced aerated soft drinks under the brand Double Seven. MFIL was a wholly owned Central Government-owned PSU. It was taken over by Hindustan Lever Limited in January 2000. This was the first privatisation of public sector unit by the government of India. Modern Foods had over 40% of the bread market in India.HUL was the sole bidder was Modern Foods. It paid Rs 10.5 million, as per the valuation exercise undertaken by its valuer ICICI, for 74% of the shares. Later the government exercised its put option to sell the remaining 26% to HLL for Rs 4.4 million in November 2002. In 2006, HUL merged MFIL with itself. Senior HUL officials said the acquisition was a complete misfit with the HUL culture and systems. The company had admitted that the acquisition was a mistake on account of improper due diligence.In 2001, HUL referred MFIL to Board of Industrial and Financial Reconstruction. Later HUL had plans to sell the company to Middle East-based Switz Group.The Modern range includes: White Sandwich / Regular Variants : Family Shakti,Oven Fresh, Regular Premium Variants : Milk Classic, Butter Special, Kairali Special, Bread & Butter Sweet Variants : Sweet Plus, Milk Plus Health & Wellness Variants : Atta Shakti, 7 Must, Whole Wheat, Brown, Bread with Heart Healthy Omegas Fun / Taste Variants Fruity, Fruit / Sweet Buns, Kream Rolls & RTE Sandwiches Cakes, Cookies & Rusks↑ ↑ ↑ ↑".
- Modern_Food_Industries foundingYear "1965".
- Modern_Food_Industries industry Baker.
- Modern_Food_Industries parentCompany Hindustan_Unilever.
- Modern_Food_Industries product Bread.
- Modern_Food_Industries product Cake.
- Modern_Food_Industries product Wheat_flour.
- Modern_Food_Industries wikiPageExternalLink modern.aspx.
- Modern_Food_Industries wikiPageID "34279670".
- Modern_Food_Industries wikiPageLength "3470".
- Modern_Food_Industries wikiPageOutDegree "16".
- Modern_Food_Industries wikiPageRevisionID "696187164".
- Modern_Food_Industries wikiPageWikiLink Baker.
- Modern_Food_Industries wikiPageWikiLink Board_for_Industrial_and_Financial_Reconstruction.
- Modern_Food_Industries wikiPageWikiLink Bread.
- Modern_Food_Industries wikiPageWikiLink Cake.
- Modern_Food_Industries wikiPageWikiLink Category:Companies_established_in_1965.
- Modern_Food_Industries wikiPageWikiLink Category:Food_companies_of_India.
- Modern_Food_Industries wikiPageWikiLink Category:Formerly_government-owned_companies_of_India.
- Modern_Food_Industries wikiPageWikiLink Category:Unilever_companies.
- Modern_Food_Industries wikiPageWikiLink Colombo_Plan.
- Modern_Food_Industries wikiPageWikiLink Double_Seven_(soft_drink).
- Modern_Food_Industries wikiPageWikiLink File:Modern_Bread_Logo.jpg.
- Modern_Food_Industries wikiPageWikiLink Hindustan_Unilever.
- Modern_Food_Industries wikiPageWikiLink ICICI_Bank.
- Modern_Food_Industries wikiPageWikiLink Put_option.
- Modern_Food_Industries wikiPageWikiLink Wheat_flour.
- Modern_Food_Industries wikiPageWikiLinkText "Modern Bread".
- Modern_Food_Industries wikiPageWikiLinkText "Modern Food Industries".
- Modern_Food_Industries foundation "1965".
- Modern_Food_Industries industry "Bakers".
- Modern_Food_Industries logo "160".
- Modern_Food_Industries name "Modern Food Industries Ltd".
- Modern_Food_Industries parent Hindustan_Unilever.
- Modern_Food_Industries products Bread.
- Modern_Food_Industries products Cake.
- Modern_Food_Industries products Wheat_flour.
- Modern_Food_Industries wikiPageUsesTemplate Template:Infobox_company.
- Modern_Food_Industries wikiPageUsesTemplate Template:Reflist.
- Modern_Food_Industries wikiPageUsesTemplate Template:URL.
- Modern_Food_Industries subject Category:Companies_established_in_1965.
- Modern_Food_Industries subject Category:Food_companies_of_India.
- Modern_Food_Industries subject Category:Formerly_government-owned_companies_of_India.
- Modern_Food_Industries subject Category:Unilever_companies.
- Modern_Food_Industries type Agent.
- Modern_Food_Industries type Company.
- Modern_Food_Industries type Organisation.
- Modern_Food_Industries type Company.
- Modern_Food_Industries type Establishment.
- Modern_Food_Industries type Organization.
- Modern_Food_Industries type Agent.
- Modern_Food_Industries type SocialPerson.
- Modern_Food_Industries type Thing.
- Modern_Food_Industries type Q43229.
- Modern_Food_Industries comment "Modern Food Industries (India) Ltd (MFIL) was set up in 1965 as Modern Bakeries (India) Limited. It was set up under the Colombo plan. It got its present name in 1982. MFIL had bread manufacturing units in 13 cities spread across India. MFIL had also marketed fruit juice concentrate under brand name Rasika in Delhi. MFIL also produced aerated soft drinks under the brand Double Seven. MFIL was a wholly owned Central Government-owned PSU.".
- Modern_Food_Industries label "Modern Food Industries".
- Modern_Food_Industries sameAs Q6888663.
- Modern_Food_Industries sameAs m.0hznhff.
- Modern_Food_Industries sameAs Q6888663.
- Modern_Food_Industries wasDerivedFrom Modern_Food_Industries?oldid=696187164.
- Modern_Food_Industries homepage modern.aspx.
- Modern_Food_Industries isPrimaryTopicOf Modern_Food_Industries.
- Modern_Food_Industries name "Modern Food Industries (India) Ltd".