Mega food parks and FPUs
Ministry of Food Processing Industries (MoFPI) has been implementing central sector umbrella scheme called “Pradhan Mantri Kisan Sampada Yojana (PMKSY)” since 2017-18 across the country. The basic objective of the scheme is to ensure overall development of food processing sector in the country. The scheme aims to achieve the objective by providing incentives for creation […]
MoFPI currently implementing research & development scheme preservation of food products
Ministry of Food Processing Industries (MoFPI) does not undertake R&D work on its own. However, MoFPI is currently implementing Research and Development Scheme, which is a part of Human Resource & Institutions Scheme under the umbrella scheme of the Ministry i.e. Pradhan Mantri Kisan SAMPADA Yojana (PMKSY). Under the scheme, financial assistance as grant- in-aid […]
Edible oil imports record high rise by 39.31 per cent to 13.11 lakh tonnes in July
India's edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals given uncertainty over supplies from the Black Sea, five dealers told Reuters. Higher purchases by the world's biggest importer of vegetable oils could help to lower palm oil stocks in Indonesia and Malaysia […]
Symrise continues growth course in the first half of 2023
million (H1 2022: € 2,260 million). Excluding portfolio and exchange rate effects, sales increased organically by 8.0 %. Both segments contributed to this positive development and grew sales in a tense global economic environment. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to € 446 million (H1 2022: € 486 million). The Group’s profitability […]
Adani Wilmar reports an Rs. 79 cr loss in the Jun quarter
Edible oil major Adani Wilmar reported a net loss of Rs 79 crore in the June quarter due to lower income amid fall in prices of cooking oils. The company had posted a net profit of Rs 194 crore in the year-ago period. Total income fell 12 per cent to Rs 12,928 crore during the […]
Scuzo Ice ‘O’ Magic Dessert Café expands with its first outlet in Noida
Witnessing remarkable growth, Scuzo Ice ‘O’ Magic, India’s First Live Popsicle Concept and Dessert Café introduced its debut outlet in Noida. Situated at LGF 53A, Tower C, Spectrum Metro, Phase 1, Sector 75, Noida, Uttar Pradesh 201307, it offers the customers a nostalgic journey to their childhood, filled with joy and treats. Importantly, it holds […]
