The Food and Beverage Story is changing
By Mr. Navneet Singh, Vice President, Asia Pacific Region at PureCircle Limited Sweetness is an integral part of almost all packaged foods across the globe, if one looks closely one would realise that till about a decade ago almost every packaged item would contain empty calories in one or the other form. Yes, in many […]
Indian ships to ban potato chips bags, bottles, other single-use plastics on board from Jan 1
Come January 1, and Indian ships will prohibit on board a large number of single-use plastic products, including ice cream containers, hot dish cups, microwave dishes and potato chips bags. The decision has been taken in larger public interest by the Directorate General of Shipping following an appeal by Prime Minister Narendra Modi on August […]
Burger King India to file for Rs 1,000-crore IPO this week: Details here
Burger King India, a major player in the domestic quick service restaurant (QSR) space, will file a document for an initial public offer (IPO) this week with the Securities and Exchange Board of India (Sebi), said people with direct knowledge of the development. The issue will comprise a secondary share sale worth Rs 600 crore […]
Why Indian dairy giants fear disruption from New Zealand companies
India’s top dairy giants, from Amul and Hatsun Agro to Mother Dairy, have got into a defensive huddle, apprehensive that New Zealand’s smaller milk makers may soon disrupt domestic prices by exporting their produce here. Discussions on a free trade agreement (FTA) with milk-producing countries such as New Zealand and Australia under the proposed Regional […]
Govt will protect milk sector’s interests under RCEP, says Amul MD
Union Commerce Minister Piyush Goyal has assured that the Centre will not take any decision under the Regional Comprehensive Economic Partnership (RCEP) which would adversely affect milk-producers in the country, Amul Managing Director RS Sodhi said. Sodhi told PTI he had a discussion with Goyal on RCEP. “Goyal has assured that no decision will be […]
ITC’s Rs 650crore project to make dried veggies, FMCG
ITC Ltd will manufacture and market dehydrated vegetables and Fast-Moving Consumer Goods (FMCG) products including noodles and biscuits from upcoming facility at Sehore with most raw materials sourced from within the state. The Indian multinational conglomerate engaged into production of cigarettes to garments, has proposed investment Rs 651 crore for setting up an integrated consumer […]