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Food & Beverages

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 […]

Maharashtra based milk and dairy products company, Prabhat Dairy Limited is exploring the possibility of setting up unit in Assam. Chief Marketing Officer and Business Head, Prabhat Dairy Limited, Nidhi Nirmal who was in Guwahati on Wednesday said, “We are exploring the possibility of setting up possessing unit and talks are going on in this […]

ars Food, part of Mars Inc, today said it has completed acquisition of Preferred Brands International, a Connecticut-based manufacturer and marketer of ready-to-heat Indian and Asian food products. “We have completed the acquisition of Preferred Brands International and Tasty BiteBSE 0.03 %. From our first meeting with the company, we were impressed by the strength […]

Tata Global Beverages Ltd has completed the sale of two of its subsidiaries in Russia—Sunty and Tea Trade—for 375 million roubles (about Rs41 crore). Tata Global Beverages had announced sale of its business in Russia in August as part of restructuring operations in that country. “We now inform you that the process of restructuring has […]

US food major Cargill will invest $240 million, or Rs 1,500 crore, in India over the next few years as it seeks to expand in the lucrative market where doing business has become decisively easier, Peter van Deursen, CEO Asia Pacific region, told ET. Company is also adapting to Indian market conditions, learning from successes […]

Coca-Cola India is expanding its product portfolio with ethnic drinks and additions for the local palate, in the beverage maker’s latest move to tackle the challenge from regional brands under its new president, T Krishnakumar. “The journey in India is work in progress; we’ve got on to the right track. The momentum of the third […]

Bengaluru-based premium cookie maker Unibic Foods is eyeing a market share of over 10 per cent in the next 12 to 18 months. The cookie market in India is pegged at Rs 7,500 crore, split equally between the premium and mass segments. “Our ambition is to have more than 10 per cent market share nationally […]

Oilmeal exports in the first half of the current financial year grew by 85.35 per cent to 11.01 lakh tonnes (lt) aided by better domestic output and global prices. Shipments stood at 5.94 lt during the corresponding period last year.Solvent Extractors Association of India, the apex trade body for the vegoil industry, said oilmeal exports […]

Ruchi Soya Industries, an agri and food FMCG company, has signed an MoU with Yoga Guru Baba Ramdev promoted Patanjali Ayurved for an exclusive sales and distribution arrangement for the entire range of Patanjali edible oils in large packs. Under the terms of the MoU, Ruchi Soya would use its own extensive distribution network to […]