Iceberg Organic Ice Creams eyes Rs 100 cr turnover by end of FY 2026
Iceberg Organic Ice Creams on Tuesday said it is aiming to increase its turnover to Rs 100 crore by the end of FY 2026. With Hyderabad as its headquarters and manufacturing base at Nellore in Andhra Pradesh, Iceberg clocked Rs 14 crore turnover (in FY March 2024). The company which has a presence in seven […]
Tax non-alcoholic beverages based on sugar content: Indian Beverage Association
Indian Beverage Association on Monday called for rationalisation of GST structure on non-alcoholic beverages and levy taxes based on sugar content, saying with favourable policy the sector has the potential to grow to a size of Rs 1.5 lakh crore by 2030. Speaking at the release of a report by ICRIER on tax policy on […]
PM Modi virtually inaugurates Bikano’s Jewar plant
Bikano, announced the virtual inauguration of its state-of-the-art manufacturing plant in Jewar, Greater Noida, by Prime Minister Narendra Modi. The inauguration took place during the prestigious World Food India 2024 event held at Pragati Maidan, New Delhi. “The new facility, established with an investment of over Rs 300 crore, marks a significant milestone in Bikano’s […]
PepsiCo to acquire Siete Foods for $1.2 billion
PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) t announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods (“Siete”) for $1.2 billion. The acquisition will complement PepsiCo’s portfolio with the addition of an authentic, Mexican-American brand, while also growing its better-for-you food offerings. Siete products will bring a rich, […]
