Nestle is under pressure to raise its product prices further in 2023 to offset higher production costs that it has yet to fully pass on…
View More Nestle plans to increase food prices further in 2023Category: Corporate
Wilmar guarantees to stand by the Adani Group
Wilmar International Ltd., a food giant, is backing the joint venture with India’s Adani Group, which has come under fire following a report by short-seller…
View More Wilmar guarantees to stand by the Adani GroupITC invests Rs. 450 crores to set up an integrated food manufacturing & logistics facility in Telangana
ITC Ltd. is investing Rs. 450 crores to set up an integrated food manufacturing and logistics facility in Telangana’s Medak district. Spread over nearly 59…
View More ITC invests Rs. 450 crores to set up an integrated food manufacturing & logistics facility in TelanganaBikaji Foods’ PAT increased threefold to Rs 31.7 crore in Q3 FY23
According to BSE filings, Bikaji Foods International Limited (Bikaji), the third largest ethnic snacks company in India, has shown a three-fold jump in profit after…
View More Bikaji Foods’ PAT increased threefold to Rs 31.7 crore in Q3 FY23CII confers Tata Coffee and ITC as winners at 13th CII Food Safety Awards, among others
The Confederation of Indian Industries (CII) held the 13th CII Food Safety Awards Ceremony, which was set on identifying the best food business operators for…
View More CII confers Tata Coffee and ITC as winners at 13th CII Food Safety Awards, among othersBritannia is scrutinising Reliance’s FMCG progress closely: Varun Berry
India’s largest biscuit maker, Britannia Industries, has been very closely watching Mukesh Ambani’s Reliance as it makes rapid strides in the fast-moving consumer goods space.…
View More Britannia is scrutinising Reliance’s FMCG progress closely: Varun BerrySpencer plans to enter the value retail format, focusing on smaller towns
To expand its retail footprint in India’s smaller cities, Spencer’s Retail is set to enter the value retail format with the launch of a hypermarket…
View More Spencer plans to enter the value retail format, focusing on smaller townsHamdard invests Rs. 100-150 crore to set up food cluster park at Reliance MET City
An over 100-year-old domestic food and healthcare company, Hamdard Group, has signed a deal with Model Economic Township Ltd. (MET City), to set up a…
View More Hamdard invests Rs. 100-150 crore to set up food cluster park at Reliance MET CityReliance plans to invest Rs. 74 crores in acquiring a 51 percent stake in Lotus Chocolate
Reliance Consumer Products Limited (RCPL) is going to buy 51% of Lotus Chocolate Company for Rs. 74 crores, along with another 26% in an open…
View More Reliance plans to invest Rs. 74 crores in acquiring a 51 percent stake in Lotus ChocolateFMCG hoping for moderate inflation, rural revival, and demand for packaged food in 2023
Industry experts are optimistic that the current trend of low inflation, rural revival, and packaged food demand will continue into 2023. The FMCG segment expects…
View More FMCG hoping for moderate inflation, rural revival, and demand for packaged food in 2023