Indian food processing sector is on the rise. Accordig to the latest available data, the value of output for registered food processing industries was Rs. 4,46,701 crores in 2009-10, Dr. Charan Das Mahant, Minister of State for Food Processing Industries told ...full story

TVS Capital and IFC have invested Rs 124 Cr (approx. 20 million Euro) in Haryana based rice processor Dunar Foods. TVS Capital has invested Rs50 Cr, while IFC invested the rest. The company, which was founded in 1979 by Lala Duli Chandra Agarwal and currently...full story

A report on the State of Indian Agriculture placed by the Government to the Rajya Sabha this week, calls for wide-ranging reforms in agriculture sector to enable it to meet the growing demands and meet the challenges posed by various human and environmental fa...full story

With a production of 71.5 million MT of fruits, 133.7 million MT of vegetables and 17.8 million MT of other commodities like flowers, spices, coconut, cashew, mushroom, honey etc., India is the second largest producer of horticultural commodities in the world....full story

A two-day National Conference of Mayors was held on 17th and 18th to sensitise the mayors and officials of the municipal bodies about hygiene, slaughtering, processing and sale of meat and poultry products. The Conference is the third in the series of 6 propo...full story

Ministry of Food Processing Industries has pointed out a few important aspects in the last weeks, one being FDI in food processing. To increase the Foreign Direct Investment (FDI) in the food processing sector, the Government had permitted 100% FDI in all the...full story

Nashik-based Zampa wine maker Valle De Vin Private Limited has announced to merge with Grover Vineyards Limited within a month. The new entity would be called Grover Zampa Private Limited. The companies have roped in a PE player to buyout 21% stake in Grover ...full story

Delegation of North Indian Farmers Meets Anand Sharma A large delegation of farmers from North India met the Union Minister of Commerce Industry and Textiles, Shri Anand Sharma, in December to register their support for the Government’s decision to allo...full story

The Indian Cabinet has now take the long awaited decision for allowing FDI (Foreign Direct INvestment) in multi-brand retail trade (MBRT), thus being on the same track like other Asian countries like China or Thailand. The Cabinet permits FDI in MBRT in all p...full story

Further rise in food price inflation to 12.2% for the week ended October 22, 2011 is a matter of serious concern says, Dr Rajiv Kumar, Secretary General, FICCI. He, however, also pointed out that this increase in food prices at this time is quite in line wit...full story