Quick-service restaurant (QSR) chain Wow! Momo is set to invest ₹35 crore in a new 1 lakh sq. ft. manufacturing unit in Maharashtra to produce momos and kulfi, aiming to enhance production efficiency and reduce logistics…
View More Wow! Momo to Invest ₹35 Crore in Maharashtra Plant; Targets ₹100 Crore FMCG Business
Singapore-based investment firm Temasek has signed a definitive agreement to acquire a 10% stake in Haldiram Snacks Food at a valuation of $10 billion. This…
View More Temasek Acquires 10% Stake in Haldiram Snacks at $10 Billion Valuation
Gujarat-based HyFun Foods, a leading supplier of frozen potato products to international chains like Walmart, KFC, and Burger King, has announced its expansion into the…
View More HyFun Foods Expands into Onion Processing; Announces ₹500 Crore Potato Processing Plant in MP
As food manufacturers continue to cater to growing consumer demand for health and wellness, texture has become a critical factor in determining a product’s success…
View More Texture Emerges as Key Element in Enhancing Healthy Food Appeal
Cargill has strengthened its footprint in India’s food manufacturing sector by inaugurating a new corn milling plant in Gwalior, Madhya Pradesh. The facility, established by…
View More Cargill Expands Presence in India with New Corn Milling Plant in Gwalior
New Delhi: Swiggy has expanded its food delivery service to 100 railway stations across 20 states in India, in partnership with the Indian Railway Catering…
View More Swiggy Expands Train Food Delivery to 100 Railway Stations across India
Andhra Pradesh’s Girijan Cooperative Corporation Ltd (GCC) has achieved a significant milestone by securing organic certification for Araku Coffee, a move that has opened doors…
View More Expands Market Reach with European Buyers and Tata Group
Adani Wilmar Ltd, the maker of Fortune edible oil, has announced the acquisition of GD Foods Manufacturing (India), the company behind the popular Tops brand of sauces…
View More Adani Wilmar to Acquire GD Foods Manufacturing for ₹603 Crore
Private equity giant Blackstone has withdrawn from negotiations to acquire a minority stake in Haldiram’s snacks business due to valuation disagreements, sources familiar with the…
View More Blackstone Backs out of Haldiram’s Deal Over Valuation Differences
ChrysCapital has reinitiated discussions to acquire Theobroma Foods at a significantly reduced valuation of ₹1,800 crore, down from the original ₹3,000 crore ask, sources familiar…
View More ChrysCapital, Theobroma Resume Talks for Reduced Valuation Deal