Amul to launch its juice brand ‘Tru’ soon
Amul is all set to enter the Rs 1,100 crore Indian packaged juices market, sources close to the development told CNBC-TV18, adding that the company will launch its fruit juices under the brand ‘Tru’ by the end of February. The product is likely to be in four flavours – Mango, Orange, Litchi and Apple, the […]
MSP hike to improve sugar mills’ operating profit margins by 6%: Icra
The government’s move to increase the minimum selling price of sugar will augur well for the mills and is expected to increase their operating profit margins by 6 per cent, says a report. The government has increased the minimum selling price (MSP) of sugar to Rs 31,000/MT from Rs 29,000/MT (announced in June 2018), to […]
VBL to acquire PepsiCo franchise rights in South, West India
PepsiCo India’s bottling partner Varun Beverages said its board has approved plans to acquire franchise rights of the beverages and snacks major in South and West regions. The board has approved the company’s intent to enter into a binding agreement with PepsiCo India Holdings to acquire franchise rights in the two regions for a national […]
Nestle India plans up to 3-dozen product launches in 2019, eyes higher exports
“In 2018, our core brands have performed well. We look forward for greater acceleration as we go forward. We have two-three dozen projects (products) in pipeline for launch in 2019. These products are across categories,” Narayanan told reporters. FMCG major Nestle India has lined up nearly two-three dozen products that it plans to launch in […]
FSSAI Amends Regulations Related to Standards of Wheat Bran and Soybean Products
The FSSAI has drafted some amendments to the Food Safety and Standards (Food Products Standards and Food Additives) Regulations 2011 related to standards of wheat bran and non-fermented soybean products. After their final publication in the Official Gazette these regulations will be called the Food Safety and Standards (Food Products Standards and Food Additives) Amendment […]
