New York: Ferrero Hazelnut Company, a division of global confectionery giant Ferrero Group, has committed $340,000 to support U.S. hazelnut production, strengthening its North American…
View More Ferrero Invests $340,000 to Boost U.S. Hazelnut Production
LT Foods, a major player in the basmati and speciality rice segments, has announced its entry into Saudi Arabia’s $2 billion rice market. The company…
View More LT Foods Enters Saudi Arabia, Targets ₹1,000 Crore Revenue in Five Years
Hindustan Unilever (HUL) announced its intention to demerge its ice-cream business into a separate, independently listed entity. The move, which aims to unlock value and…
View More HUL to Spin Off Ice-Cream Business into Independent Listed Entity
The edible oil industry has urged the government to reinstate futures trading in crude palm oil and crude soybean oil, citing its critical role in…
View More Edible Oil Industry Appeals for Futures Trading to Support Farmers, Stabilize Prices
India’s spice industry is poised for significant growth, with export revenues projected to hit $10 billion by 2030. The sector is focusing on expanding its…
View More India’s Spice Exports to reach $10 Billion by 2030, Targets New Global Markets
India’s food processing industry has sparked a significant rise in hiring intentions within the FMCG (Fast-Moving Consumer Goods) sector, particularly for freshers. According to a…
View More Growth in Food Processing Industry Fuels Freshers’ Hiring Surge in FMCG Sector
A coalition of over 30 investors and asset managers, representing more than $3 trillion in assets, has urged leading food and beverage companies to disclose…
View More Investors Urge Coca-Cola, Kraft Heinz, and Others for Transparency on Health Impact
KRBL Ltd., the maker of the iconic India Gate basmati rice, is set to diversify its portfolio by entering the mixed spices and edible rice bran oil…
View More India Gate Expands Beyond Basmati with Plans for Spices and Rice Bran Oil
Edible oil manufacturer BN Group is set to invest approximately $1 billion over the next five years to solidify its presence in Africa, said Anubhav…
View More BN Group to Invest $1 Billion to Expand Operations in Africa
Nestlé SA is undertaking a strategic overhaul to address underperformance and adapt to challenging macroeconomic conditions, company executives revealed during the Nov. 19 investor day…
View More Nestlé Outlines Strategy for Growth amid Challenges