In its next GST Council meeting later this month the Council is likely to consider issues related to levy of GST on ice cream parlors.…
View More GST Council plan to clarify on GST implementation on ice cream parlorsCategory: Corporate
Decline in FDI in food processing sector by 54 pc
FDI in the food processing sector stood at Rs 4,430.44 crore in 2018–19, Rs 6,414.67 crore during 2019–20 and Rs 2,934.12 crore during the 2020–21…
View More Decline in FDI in food processing sector by 54 pcSetback for PepsiCo India as the plant variety protection authority revokes its IPR on FL-2027
PepsiCo India had a setback as the plant variety protection authority, PPV & FR, revoked its varietal registration certificate which was granted to the food…
View More Setback for PepsiCo India as the plant variety protection authority revokes its IPR on FL-2027Cargill invests $35 million in the acquisition of an edible oil refinery in Nellore, Andhra Pradesh.
Cargill has bought an edible oil refinery in Nellore, Andhra Pradesh. It invested US $35 million to acquire and upgrade the facility, and it will…
View More Cargill invests $35 million in the acquisition of an edible oil refinery in Nellore, Andhra Pradesh.Lulu group to invest Rs. 500 crore to set up a food processing plant in Greater Noida, Uttar Pradesh
Lulu Group, the UAE-based retail major, is investing about Rs 500 crore to set up a food processing plant in Greater Noida, Uttar Pradesh. Lulu…
View More Lulu group to invest Rs. 500 crore to set up a food processing plant in Greater Noida, Uttar PradeshMondelez India Foods and Procter & Gamble reported a two-time surge in net profit
The Indian arm of two leading US based consumer goods makers, Mondelez India Foods and Procter & Gamble Home Products reported over two times surge…
View More Mondelez India Foods and Procter & Gamble reported a two-time surge in net profitInflation depletes rural household finances, pulling down FMCG volumes
According to NielsenIQ’s FMCG snapshot for the third quarter of the current calendar year, demand for packaged consumer products in India’s villages fell in the…
View More Inflation depletes rural household finances, pulling down FMCG volumesGapMaps is expanding its international presence
GapMaps, an Australian cloud-based mapping software provider, is increasing its international presence, which presently is in 21 countries, including India. Tim Shaw, GapMap’s Director of…
View More GapMaps is expanding its international presenceITC enters the Indian breakfast market
ITC has now entered into the Indian breakfast segment with a ready-to-cook and ready-to-mix range and staples under its FMCG brand “Aashirvaad”, plunging into competition…
View More ITC enters the Indian breakfast marketHaldiram’s joins hands with BVeg Foods with support from GFI
The Indian Haldiram’s restaurant chain is launching the all-new plant-based Keema Pao and Keema Samosa in collaboration with plant-based foods company BVeg Foods. Haldiram, the…
View More Haldiram’s joins hands with BVeg Foods with support from GFI