2 Japanese food firms to set up instant noodle JVs in India, Nigeria

TOKYO, Japan - Masatoshi Ito (L), president of Ajinomoto Co., and Kazuo Obata, president of Toyo Suisan Kaisha Ltd., shake hands after a news conference in Tokyo on Dec. 18, 2013. They announced that their companies have agreed to set up instant noodle joint ventures in India and Nigeria as they aim to meet growing demand and catch up with foreign rivals.