Year end review 2023-achievements & initiatives of MoFPI
The food processing sector plays an important role in increasing farm income and creating off-farm jobs, reducing post-harvest losses in agriculture and allied sector production through on- and off-farm investments in preservation and processing infrastructure. Accordingly, Ministry of Food Processing Industries has undertaken several initiatives to give impetus to development of food processing sector in […]
Investment proposals during World Food India 2023
Ministry of Food Processing Industries (MoFPI) organized World Food India-2023 during 3rd to 5th November,2023 at Bharat Mandapam, Pragati Maidan, New Delhi. The total amount of Investment interests announced and MoUs signed during the World Food India 2023 is Rs. 33,129 Crore. In order to provide boost to the Food Processing Industries, Ministry promotes investment […]
APEDA promotes export of agricultural products, including millets, from India
The Agricultural & Processed Food Products Export Development Authority (APEDA) has the mandate to promote export of millets. APEDA provides assistance to registered exporters of millets under Agriculture & Processed Food Export Promotion Scheme of APEDA. The assistance is provided under various components of the schemes viz. Infrastructure Development, Quality Development and Market Development. The […]
GOPIZZA celebrates milestone with the opening of its 50th store in India, marking a total of 200 stores worldwide
GOPIZZA, Korea’s largest pizza brand, is pleased to announce the grand opening of its 50th store in India, which also signifies the achievement of 200 stores globally. The new flagship store, located in the vibrant district of Koramangala, Bengaluru, is set to showcase a menu that embodies the essence of Korean flavors, aromas, and tastes. […]
Kareena Kapoor appointed as brand ambassador of KPG Spices
The Founder of Marvel Tea Group Mr. Parveen Jain, with major interests in FMCG, real estate and other fields, is making strides with its national spice segment “KPG Spices”. KPG Spices will be preferred by crores across India for its wide range of grounded spices and blended spices has named Bollywood queen “Kareena Kapoor Khan” […]
Govt plans to do away with multiple certifications for food products; only FSSAI nod mandatory
FSSAI in its 43rd meeting decided to do away with the need for Bureau of Indian Standards (BIS) or AGMARK certification for food products which have FSSAI license with them. This means that once a Food Business Operator (FBO), from a small seller to a big firm, has received a FSSAI certification, they won’t be […]
Britannia’s consolidated sales for the quarter grew 2% with healthy operating margin of 17.7%
Britannia’s Consolidated Sales for the Quarter ended 31st December 2023 stands at Rs 4,192 Crores, growing 2% over last year and Operating Profit stands at Rs 743 Crs. For the nine months ended 31st December 2023, Consolidated Revenue stands at Rs 12,532 Crores, growing 3.6% over previous year and Operating profit stands at Rs 2,162 […]
