Food & Beverages – Feedback

Food & Beverages

Adani Group today said it would invest Rs.750 crore to double the capacity of the company’s edible oil refinery at Haldia in West Bengal. Announcing this at the second and last day of the Bengal Global Business Summit (BGBS) here, Pranav Adani of Adani Group expressed interest to invest in port, agri and power sectors. […]

Lite Bite Foods, which runs restaurants under brands such as Punjab Grill and Asia Seven, is betting big on travel retail and outdoor and institutional catering segments. Company recently bagged the rights for master concessionaire for three airports at Kozhikode, Indore and Bhubaneswar. Restaurant chain runs a number of outlets at airports in New Delhi, […]

Truefarm Foods India, a 100 per cent organic food company, on Sunday said it was looking at raising around Rs. 100 crore in the next 18-24 months from private equity investors to finance its expansion plans. “We are having talks with private-equity investors to raise around Rs. 100 crore in the next 18-24 months to […]

Patanjali Ayurved (PAL) will invest Rs.671 crore in Chhattisgarh to set up a food and herbal processing unit. The company will sign a memorandum of understanding (MoU) with the Chhattisgarh government to set up the unit in Bijetala village of Rajnandgaon. The facility will come up on 500 acre of land.The project will generate direct […]

Food ordering and delivery platform Swiggy announced that it has acqui-hired Bengaluru-based gourmet Asian food start-up 48East, founded by food industry veterans Joseph Cherian and Nabhojit Ghosh. Started in August 2016, 48East offers a new menu every week, operates five kitchens, processes 9,000 orders a month and serves over a dozen areas in Bengaluru.“With their […]

Lotte scooped up Havmor, India’s seventh largest ice cream brand, for Rs.1,020 crore in an all-cash deal, more importantly paying a multiple in excess of 2.5 times its 2016-17 turnover of Rs 400 crore. Lotte’s foray, say officials in the know, is part of a bigger ice cream play across south Asia via strategic acquisitions. […]

Parag Milk Foods announced it has tied up with TajSATS Air Catering for supply of cow milk-based products on international flights. “We have entered into an MoU for the first time with TajSATS to supply our products on international flights,”.This is just the beginning of the relationship and the company is looking to strengthen this […]

Patanjali Ayurved has acquired land for its upcoming food processing park at Telangana. Company plans to develop a food processing park at SEZ, Lakkampally village, Nandipet mandal in Nizamabad district.Park will have units for edible oil, fruit pulp and spices processing.Company has signed a memorandum of understanding (MoU) with the government of Telangana to set […]

Patanjali has inked a memorandum of understanding (MoU) with the government of Telangana to set up a food processing park in the state.Proposed food processing park may have units for edible oil, fruit pulp and spices processing.Also, the company expressed its interest in developing indigenous seed varieties and an animal feed value chain in the […]

  Company said it was aiming to use this lab to support Indian food and beverage companies as they look at developing lower calorie products for Indian consumers. It is offering a customised range of products that complement the Indian palate, including tailored blends for carbonated drinks, juice drinks, ketchups, powdered drinks, yogurts, flavoured milks […]