In one of India’s largest private equity deals to date, Alpha Wave Global has submitted a binding bid exceeding $1 billion for a minority stake…
View More Three Suitors Place Binding Bids for Haldiram; Alpha Wave Offers Over $1 Billion for Minority Stake
Kris Flexipacks Private Limited, a prominent name in South Asia’s flexible packaging sector, has reached a new milestone with its long-term rating upgraded to ‘Crisil A’ from ‘Crisil…
View More Kris Flexipacks Achieves ‘Crisil A’ Rating, Showcasing Financial Strength and Industry Leadership
The European Union (EU) has made a significant mark in the Indian food and beverage industry with its participation in SIAL India 2024, one of…
View More European Union Showcases Culinary Mastery at SIAL India 2024
Rebel Foods, India’s leading cloud kitchen operator, is set to invest ₹200 crore over the next three years to expand Wendy’s to 500 touchpoints across…
View More Rebel Foods to invest ₹200 Crore to Expand Wendy’s India Footprint to 500 Locations
Sales of chocolates, candies, toffees, and chewing gum bars slowed significantly in India during FY24, impacting growth for major players such as Mondelez, Perfetti Van…
View More Inflation Bites: Rising Prices Slow Down India’s Chocolate and Candy Sales
Indian consumers are increasingly embracing healthier alternatives, particularly in the snacking segment. The rise of “Better-for-You” (BFY) brands is a testament to this shift, driven by health-conscious…
View More “The Better-for-You Snacking Wave: India Says No to Maida”
The government’s Production-Linked Incentive (PLI) scheme for the food processing industry has created over 2.89 lakh jobs as of October 31, 2024, according to the…
View More India’s Food Processing PLI Scheme Creates 2.89 Lakh Jobs, Attracts ₹8,910 Crore in Investments
Coca-Cola has announced new packaging sustainability goals for 2035, revising earlier targets set under its World Without Waste initiative. The updated strategy focuses on two primary areas:…
View More Coca-Cola Revises Sustainability Goals, Sets New Packaging Targets for 2035
The Indian Beverage Association (IBA) has raised concerns about the potential Goods and Services Tax (GST) rate hike on aerated drinks, currently taxed at 40% (28% GST…
View More Indian Beverage Association Calls Taxation a “Bottleneck at All Levels”
In a groundbreaking move, Saudi Arabia has launched Milaf Cola, the world’s first soft drink made exclusively from dates. Developed by Thurath Al-Madina, a subsidiary of the…
View More Saudi Arabia Unveils Milaf Cola: The World’s First Date-Based Soft Drink