Authum invst, Mahi Kela acquire in Prataap Snacks
The Competition Commission of India (CCI) cleared Authum Investment & Infrastructure and investor Mahi Madhusudan Kela’s proposal to acquire Prataap Snacks Ltd. Indore-based Prataap Snacks is a snack maker, sells chips, nuts and crisps under the ‘Diamond’ brand. The company operates 15 manufacturing facilities and partners with more than 5,200 super or sub-distributors, which helps […]
Farmer-friendly revision of NPOP to boost India’s organic products exports: APEDA Chairman
The commerce ministry’s arm APEDA has revised the NPOP’s regulations to make it more farmer-friendly and help India achieve USD 2 billion exports target for organic food products by 2030, a government official said. The National Programme for Organic Production (NPOP) provides standards for organic production and procedure for accreditation of Certification Bodies. The standards […]
India targeting Russia to boost banana exports to USD 1 bn in coming years: APEDA
After successfully exporting trial shipments of fresh bananas to countries like the Netherlands through sea route, India is now targeting to increase exports of the fruit to Russia, an official said. India has set a target of USD 1 billion banana exports in the coming years. At present, exports of most of the fruits, including […]
Commerce min planning to expand food testing infrastructure to boost exports: Official
The commerce ministry’s arm Export Inspection Council (EIC) is planning to expand the country’s food testing infrastructure in a holistic way to boost outbound shipments, a senior government official said. To prepare a plan for this, the EIC has initiated a detailed study on gap assessment on food testing infrastructure for exports. “Though we have […]
