Business Opportunities in India
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Important news, background, trends, opportunities
The Indian economy is booming, and the Indian food processing sector is growing with 13.5% according to the latest figures. The sector, for which the food processing ministry has organised plenty of different schemes and benefits, requires a lot of machinery a...full story
Rasna, the food and drinks company, has plans to enter the health drinks segment with the launch of a glucose-based powder product, media reported. The company is currently test marketing the health drink in Kolkata and expects to make the national roll-out o...full story
Diageo, the worlds largest maker of spirits with brands like Johnnie Walker and Smirnoff, has reported its preliminary results for the year 2010 which ended on June 30. According to that, sales increased to 9.8 billion Ponds (12 billion Euro) by 5%, and operat...full story
Ferrero, the USD 8 billion confectionery giant from Italy, has plans for a second unit in India, media reported. An investment of over $125 mn is planed for a new factory in Baramati near Pune, Maharashtra, to produce popular brands including Rocher and Kinder...full story
Subodh Kant Sahai, Minister of Food Processing Industries, was addressing the Indo-Taiwan Meeting on Food Processing Sector on August 19. He said that there is a huge potential for investment in food processing sector in India, and Taiwan should take this oppo...full story
The Indian food sector is on the agenda of the Indian industry associations: whereas ASSOCHAM has already announced an international summit to woo investors for the Indian food sector, will CII organise an international buyer-seller meet to provide Indian comp...full story
American baked food, meat, coffee and beverage major Sara Lee Corp. reports strong results for the fiscal year 2010 (ended on July 3). Operating income was up significantly for the year, driven by improved operating segment income across all five continuing bu...full story
Four Season Wines, a part of giant beverage major United Spirits, is said to be in talks some coffee and restaurants chains, including Cafe Coffee Day, for serving wines in their outlets, media reported. This move seems to be on the path of Aromas, an Austral...full story
Indian industry association ASSOCHAM has announced the second International Summit cum Exhibition on Processed Food, Agribusiness & Investments Opportunities in the Indian food sector in September in New Delhi. India is the world’s 2nd largest producer of foo...full story
"Cheese with Chef Saby", that is how an event at Godrej Nature’s Basket store in Delhi's Defence Colony was titled. The event held at the store was a sort of cheese workshop with information about cheese and delicious dishes. At this workshop, Chef Saby (Saby...full story