India, March 10 -- Catering to the growing demand from India's confectionery, infant formula, and dairy sectors, Cargill inaugurated a new corn milling plant in Gwalior, Madhya Pradesh set up by Saatvik Agro Processors, an Indian manufacturer.With a combined market value of $15 billion, these sectors are witnessing high annual compounded growth rates of between 6 and 11% over next five years1, leading to increased demand for starch derivatives which are used as thickening or stabilizing agents to achieve desired texture, viscosity and mouthfeel in consumer products like gummies, jellies, fillings, yogurt, cheese, processed milk and infant formula.Cargill has a business arrangement with Saatvik who has established this dedicated production f...