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India’s food retailing sector can enhance ruler income by cutting inflation, according to Crisil, India’s premier credit rating agency. Cr... :: Our Bureau
Modern food retailing will lower marketing costs and lead to lower prices for consumers and higher realization for farmers, Mr. Sharad Pa... :: By M. A. Winter
Consumers seeking to buy their daily requirements in Metro cities nowadays have not only a big choice of which food brand to buy, but also where to buy. This can be a modern supermarket, which come along in different formats, a convenience shop, or a tradition... :: M. A. Winter
One such proposal was to allow foreign direct investment (FDI) in food retailing. The report describes the obvious links between production on the one side, and demand on the other, the backward ... :: Our Bureau
Developing infrastructure for an organized food retail market, enhancing capacity building in R&D and quality control labs and cauterization of framing in the shape of contr... :: Our Bureau
Spar, the food retail chain, has opened its first hypermarket at Coimbatore. Spread over 36,500 sq. ft on a single floor in Brookfields Plaz... :: Our Bureau
India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The processing food segment accounts for 29.4 billion, in a total estimated food market of about USD 91.7 bill... :: Our Bureau
Come next year, your bowl of soup could be attracting the same tax as the rasam. Ditto for chocolates, which currently attract double the tax compared to a non-cocoa confectionery or ready-to-eat food product.The ministry of food processing industries is consi...
America's largest chocolate and confectionery-maker Hershey is acquiring a majority stake in the food and beverage business of the Godrej group. Hershey is acquiring 51% equity stake in Godrej Beverages & Foods for Rs 238 crore or about $54 million. This woul... ::
Indian food brand Patak's of UK is for sale. The brand of spices is considering a sale of part or all of its business, valued at GBP 200 mn. Patak's which turns 50 this year, has appointed Rothschild to review strategic options for the development of its bu... ::
New research has found that Western food is not as bad as the Indian bhatura or parathas, due to the percentage of trans-fatty acids (hydrogenated oils and fats). Their content in French fries (per 100 gm) is 4.2%-6.1%, but it is 9.5% in bhatura, 7.8% in parat... :: Our Bureau
About 10 per cent of Silicon Valley's population is Asian Indian, and many of them want homemade Indian food. Silicon Valley is thefore seeing a dramatic rise in the number of home-based Indian cooks serving the numerous IT professionals from India. Indian wo... ::
The mandatory food labelling rules notified by the Ministry of Health & Family Welfare has put the food processing industry in a spot, with some clauses unimplementable and other entailing huge unbearable costs to the industry, according to a note prepared by ... :: Our Bureau
The government said recently it will set up another 30 food parks involving private sector investment. Chindwara, Commerce and Industry Minister Kamal Nath's Lok Sabha constituency, has been chosen among the initial beneficiaries of the scheme. Each of the p... :: Our Bureau
Many animal species are disappearing from earth every year, and almost nobody cares about it. But now, bees in the US are wiped out in millions, and this could affect the food supply. Scientists are working hard to identify the causes. The phenomen, named as ... :: Our Bureau
India and the United States on Tuesday reviewed the agriculture knowledge initiative (AKI), a joint effort of Prime Minster Mr Manmohan Singh and US President Mr George Bush, with emphasis on the food-processing sector. The Minister for Food Processing Indust... :: Our Bureau
The ministry of food processing industries is considering to implement a uniform tax rate on all food items. Currently, different food items attract different tax rates which might lead to distortions in the market. Such excise duty differences can be up to 16... :: Our Bureau
Amul, a brand of the Gujarat Co-operative Milk Marketing Federation (GCMMF), an apex body of 13 milk co-operatives, has clocked a turnover of Rs 4,300 crore ($1.2 billion) during fiscal 2006-07 to become a billion-dollar entity. The results will be formally d... :: Our Bureau
US companies have a strong interest to invest in India's food processing sector, mainly in the fields of horticulture, dairy and meat processing. This is one of the important messages Food Processing Minister Subodh Kant Sahai brought from his 12-day visit to ... :: Our Bureau
Reliance Industries Ltd. is planning to enter into the processed food market. Company has successfully tested the pilot project for mango pulp. A month ago, nicely packaged tins containing mango pulp were distributed among the staff of a petrochemical company ... :: Our Bureau
The Tata group has acquired a 70% stake in Innovative Foods Ltd.(IFL), which owns "Sumeru" branded frozen foods in India. Sumeru sells frozen prawn, fish, sausages, salami and partly-cooked foods such as french fries. Stock market sources reported that the Ta... :: Our Bureau
Nestle India is eyeing food companies which it can buy to speed up growth. Though no names are out as yet, the market is agog that the Swiss major has its eyes on companies in the water, yoghurt and packaged milk segments. Potential buyouts could be across ex... :: Our Bureau
An amendment to the Indian Food Act, to come into force from August 20, will make it mandatory for all packaged food sellers to state the ingredients in percentage terms and the nutritional value of each of them. The rules are being opposed by some Indian foo... :: Our Bureau
ITC Foods has entered the branded organic spices segment with chilli, turmeric and coriander powers. Called the Aashirvaad Select Organic Spices range it will be expanded in due course to include other spices, ITC Ltd Divisional Chief Executive (Foods Divisio... :: Our Bureau announces the launch of a dedicated section for jobs in the Indian food industry. The need for such a site arises from the fact that existing job sites were found not to be addressing the specific requirements of the food, beverages, ret... :: By the Editor
Over 40 Indian companies have so far registered to participate in this year’s Anuga food fair at Cologne, Germany during October, internationally acknowledged as one of the most prominent food fairs in the world. The strong Indian presence underscores the impo... :: Our Bureau
Dr. Oetker, the German food company may soon start Indian operations with its baking, desserts, muesli and frozen pizza range. The company officially launched its baking range at Hypercity Mall in Mumbai during mid-July. Adetti Gaurr, marketing manager, Dr.... :: Our Bureau
India’s fast growing retailing industry is getting into the private label business with many products in food and dairy coming under the individual retailer’s brand. Foodland, Reliance Retail, Food Bazaar, Subiksha are among the retailers who have come out wit... :: Our Bureau
Amazon, the online book dealer, has re-entered the online food retailing business with a pilot project for fresh food delivery in Mercer Island, a Seattle suburb in the US. The online groc... :: By M. A. Winter
Food additives based on Indian agro raw materials have been recalled in Europe due to contamination with health damaging dioxin and PCP. Unipektin, a Swiss food manufacturer has ordered the worldwide recall of its guar gum products branded as Vidocrem, a food... :: Our Bureau
Anuga, one of the most important trade fairs for the food and beverage sector, has announced that this year it will for the first time have a partner country: Thailand, a diverse and popular country for culinary experts and tourists alike. Thailand is a major ... :: Our Bureau
The Indian food and beverage (F&B) industry is growing faster than IT and pharma. According to a study conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI), the F &B industry grew 8.5% during the last financial year, and the trend co... :: Our Bureau
IT companies, elite management institutes are discovering that the way to an employee’s or student’s heart is through the stomach. Long known for providing Spartan food, Indian campuses are about to get a doze of gourmet food which is served by well known res... :: Our Bureau
The Indian ministry of food processing industries (MFPI) is introducing a scheme to upgrade the quality of street food in the country. While street food is very popular in India, its quality and hygiene leave much to be desired. The scheme has two parts - Saf... :: Our Bureau
The India Food Forum (IFF) was launched at the Indian Retailing Forum (IRF) conference in Mumbai last week by Mr Subodh Kant Sahai, Minister for Food Processing Industries. Encouraging the small shopkeepers to participate in the retail growth, the Minister sai... :: Our Bureau
The avarage WPI inflation rate (Wholesale Price Index) increased to 5.4 % from 4.4 % a year ago, Reserve Bank of India (RBI) said in its annual report which has just been published. Inflation remained within the targets of RBI. Among the three major groups ... :: By M. A. Winter
Nestlé, global food company on expansion course, has announced the successful completion of the acquisition of Gerber, the leading US baby food brand, on 31 August , with effect on 1 September 2007 for USD 5.5 billion in cash from pharmaceutical company Novart... :: Our Bureau
Where there is champagne can caviar be far behind? so goes the saying. After the stupendous success of luxury wines in India where the market is estimated to be growing at 40% per annum, gourmet food companies are licking their lips to serve food and snacks to... :: Our Bureau
To achieve $2 billion seafood sales by 2008 and $6 billion by 2015, the Indian seafood export industry would launch a campaign to build brand equity in the U.S., E.U., and Japan. The Marine Products Export Development Authority (MPEDA) has appointed Lintas Per... :: Our Bureau
The rising economy of India is feasting on Australian fine food and wine. Food and beverages exports to India rose from A$115 million in 1997-98 to A$201 million in 2006-07. According to agency reports, Tim Harcourt, chief economist of Austrade, the Australia... :: Our Bureau
With an eye on importing Indian food, the European Union (EU) plans to set up food testing facilities in six locations in India by investing Rs 40 crore under an initiative of the EU-India Trade and Investment Development Programme (TIDP). The EU emphasises o... :: Delhi Bureau
Dabur India Limited, the pioneer in the Chyawanprash category, has announced its entry into the Malted Food Drink (MFD) market with the launch of a new product, Chyawan Junior, an aryuvedic chocolate drink. The new product marks the transformation of Chyawanp... :: Our Bureau
One of the global trends in the international food market identified by food experts is “convenience”. Convenience food is in big demand around the world, not only among those who can't or won't cook. Convenience products are called such products which are qu... :: Our Bureau
Mrs. Bector’s Food Specialities, a company from Ludhiana in Punjab which operates 4 plants, is another success story of an Indian company in the food processing industry. All began when Mrs. Bector started to make home made ice cream which was liked by many pe... :: By M. A. Winter
Foods and Inns Limited, a company from Mumbai, calls itself a “one stop shop”, as customers can get tropical fruit products in any form they want, be it canned, frozen, powdered or in aseptic pack, Utsav Dhupelia, Director of Foods and Inns, told FoodIndustryI... :: By M. A. Winter
Fun Foods from New Delhi is a player which is quite well established in the local Indian market. Some of its products like the mango chutney are known to many people in India. This is also no wonder, as Fun Foods supplies chutneys and salad dressings to resta... :: By M. A. Winter
Salomon FoodWorld, German supplier of finger food, has entered the segment of Indian finger food. India has reached Europe, Salomon analyses a new food trend and makes out several reasons for that: Bollywood movies are shown in German TV, a wellness philosoph... :: By M. A. Winter
The Indian evening at anuga, organised by FICCI and presented as “Indian Tastes 2007”, was the platform for several high ranking speakers to speak about chances and opportunities in the Indian agriculture and in the food processing industry. The Hon'ble Minis... :: By M. A. Winter
German Ristic AG, a supplier of shrimps and seafood, has launched a shrimps burger at anuga which targets the consumer who want an easy and fast to prepare seafood dish (on the photo is Karin Brüchle from sales department of Ristic). The pre-baked and deep f... :: By M. A. Winter
At anuga, 470 companies out of 6600 exhibitors had arrived from China. The majority of them was part of a group participation which had their stalls one after another in the Rheinparkhalle at Koelnmesse. The Rheinparkhalle was a bit away from the other new ha... :: By M. A. Winter
Dabur India Ltd has announced a double-digit increase both in its standalone and its consolidated net profit for the second quarter ended September 30, 2007. Dabur India Ltd, the main holding company, recorded a 24.7 per cent increase in net profit during the... :: Our Bureau
India is a vast country with a tremendous opulence of its agriculture and aquaculture, and that is the basis for the business models of many companies. Among them is Allanasons Ltd. from Mumbai. Allanasons, founded in 1865 and since then family owned, allows ... :: By M. A. Winter
In India, opportunities are plenty, particularly in food and agriculture. A company which has combined the two sectors into its activities is Neo Foods from Bangalore. Founded only 2 years ago, Neo Foods has already become a well known exporter of pickled vege... :: By M. A. Winter
Today, Annapoorna – World of Food India 2007 opens at the Bombay Exhibition Center in Mumbai. The food fair, which is organised by Indian industry association FICCI together with Koelnmesse, Germany, will be held until 21. November in a facility close to the M... :: Our Bureau
One of the most interesting exhibits at Annaporna World of Food India in Mumbai was by Kaneriki Bussan Co., Ltd, Tokyo which is promoting the fusion of Indian and Japanese cuisine to create unique eating experience. According to Mr. Katsuichi Kawashima, Presi... :: Delhi Bureau
While India is considered the world’s fastest growing market for food retailing, the lack of a comprehensive food safety law was an anomaly that had to be corrected, feel experts. However, indus... :: Delhi Bureau
Food and beverage manufacturers from around the world planning to tap the rapidly growing Indian market are looking for importers, franchises and distributors. During interaction in the recent food and beverage shows of IFE India 2007 and Annapoorna World of ... :: Delhi Bureau
The Federation of Indian Chambers of Commerce and Industry (FICCI) has again proposed measures to be taken to re-energize the lagging agricultural sector and to boost the food processing industry. This comes after some major proposals had been given by FICCI r... :: Our Bureau
Food Expo 2008 will be concurrently held with Agro Tech 2008. Food retailing is foreseen as the next big opportunity indicating vast scope for investors vying for that shelf space. With the en... :: Our Bureau
Organic food might be hot in Europe and the US, but in India consumers find little value in organic foods. For the record organic foods are those food products produced with natural fertilizers and shun chemical based crop enhancement and protection inputs. A... :: Our Bureau
Processed and unprocessed foods imported into India must be subject to the same stringent quarantine and residual analysis norms that Indian food exports are subjected in the west, a farmers association had demanded. According to the Consortium of Indian Farm... :: Our Bureau
This weekend marks the start of a coming week full of events for the Indian food professional, as various organisations are holding conferences, seminars or business meets. The first event is the 3rd National Quality Conclave by the Quality Council of India, ... :: Our Bureau
To cater to the growing appetite for meat among Indians, Reliance Fresh is planning separate non-vegetarian section within its Reliance Fresh stores. The non-veg food is most likely to be sold from its “Delight” brand of stores selling premium grocery. Compan... :: Our Bureau
Despite the excise duty slash to 8% from 16% on processed food and the exemption of excise duty on packaged coconut water, buns, puffed rice, milk containing edible nuts, tea and coffee pre-mixes industry experts feel retail prices will not be impacted much. ... :: Our Bureau
A new fruit based snack food that combines the traditional flavor of fresh fruit with modern solar drying to create a long shelf life fruit snack has been developed by the Hyderabad-based Society for Energy, Environment & Development (SEED). The first products... :: Our Bureau
Indian processed foods maker Marico Ltd. has announced the sale of its processed foods business under the brand "Sil" to a Danish business house, Good Food Group. The company said in a communication to the stock exchanges where its shares are listed such as th... :: Our Bureau
Ready-made food dishes, or convenience food, is one of the emerging trends in the Indian food industry. Several companies have launched such convenience products already, but one of the most interesting ones are the dishes from Forstar Frozen Foods Pvt. Ltd. ... :: M. A. Winter
Sankalp Retail has launched a new chain dedicated to imported foods and consumer goods- Imported Bazaar. The first two stores were launched in Hyderabad last week. ‘Imported Bazaar’ will offer international brands such as Kraft, Unilever, General Mills, Kell... :: Our Bureau
AAHAR 2008, the trade fair for the Indian food and hospitality sector which took place in March, was an excellent event for food companies to market their products and reach out to customers. Certainly, some soft factors were not as what food fair professiona... :: M. A. Winter
The Food safety and standards (FSS) rules required under the Food Safety and Standards Act, 2006 (FSSA) are being framed by the 23-member Food Safety and Standards Authority (FSS Authority), it is learnt. Under the act, the FSS authority would function as an a... :: Our Bureau
The Indian biscuits industry, after years of steady growth, wants a reduction of VAT to 4% from the current level of 12.5% from the government, as rising input prices for raw materials have become a heavy burden for the companies. The biscuits sector, compris... :: M. A. Winter
One of the most important topics in India is inflation, especially of food prices. The Indian Government has just released the latest figure on inflation on April 4, stating an inflation of 7%. “The annual rate of inflation, calculated on point to point bas... :: M. A. Winter
Intertek, provider of quality and safety solutions from UK, in association with Chandel Agritech Solutions Pvt. Ltd. will organize a seminar on food safety issues on 24. and 25. April 2008 at New Delhi. The course with the long title “Food Safety Management S... :: Our Bureau
ments of technologies for food processing and packaging, plus ingredients, automation, process control and regulation technology, food retailing equipment, food safety laboratory equipment, and refrigeration technology, transportation equipment and dispensing ... :: M. A. Winter
In many parts of the world, farming is dependent on irrigation. But irrigation leads to a higher salt content of the soil, which become infertile. Now, scientists from the Weihenstephan branch of the Technical University of Munich have discovered how wheat tre... :: Our Bureau
The 4th edition of the Food & Technology Expo 2008 will open its gate tomorrow at New Delhi’s Pragati Maidan. It will be held at hall 11 which is air-conditioned. On a gross space of 4000 sqm, more than 100 companies will exhibit their products, organiser NNS... :: Our Bureau
A remark of US President George W. Bush is at the center of a discussion in Indian media. The US President, when trying to explain rising food prices in a speech last week in Missouri, said that higher food demand from countries getting richer ad on to the glo... :: Our Bureau
The Opera Consortium, an Italian body of 17 giant food and agri-cooperatives, held its first Day of Italian Food in New Delhi on Monday at the Taj Mahal Hotel. A delegation of 25 Italians from different companies had come to India to promote their various prod... :: M. A. Winter
A food delegation from Italy, organized by the Opera Consortium, had come to India to establish first contacts to importers and distributors, and to present their products to a broader audience of food professionals. The delegation was from Italian food and ag... :: M. A. Winter
The Indian food market offers plenty of opportunities for companies from India and abroad. But how to get into the market in this huge country? In order to avoid wasting money by moving ahead in the wrong direction, decision makers need reliable market informa... :: Our Bureau
Later in 2008, food professionals will see the culmination of trade fairs in the food processing technology and food segments, as another trade fair was announced to be held. Sagar Publications, Ahmedabad, is currently organizing Food Tech India 2008, which w... :: M. A. Winter
The Food Safety and Standards Authority of India would be set up in the next days, its Chairman Dr. P. I. Suvrathan has said at an interaction organised by industry chamber FICCI last week. Addressing the first industry interaction organised by FICCI, after h... :: Our Bureau
The Confederation of Indian Industry (CII) is convinced that the processed food industry in India has the immense potential to be the next big “Made in India” story for the nation, and is therefore organizing “Processed Food Advantage India 2008”, India's firs... :: Our Bureau
Speaking at last week's summit on “Processed Food - Advantage India 2008” which was organized by CII, Shri Subhodh Kant Sahai, Minister for Food Processing Industries said that food processing presents a huge growth opportunity for the country. India holds tre... :: Our Bureau
Fast-food restaurants seem to be big business in India, and so a many foreign chains have made an entry into the market to joint the early movers like McDonald's or KFC. On of the last entrants is Bembos, and that chain from Peru will not be the last one. Now... :: Our Bureau
The Ministry of Agriculture has informed that T. Nanda Kumar took over charge as the new secretary on 1st September. His successor as the next food secretary is Ms. Alka Sirohi. T. Nanda Kumar has been secretary, Food & Public Distribution since July 2006. Be... :: Our Bureau
The Cabinet Committee on Economic Affairs has now given its approval for the implementation of the scheme for establishment of the first food parks whose establishment was discussed already for a while. In the first phase, ten mega food parks out of thirty meg... :: Our Bureau
In August, something happened which throws a light on the Indian trade fair sector. Trade Fair organizer Exhibitions India, a serious organizer known for successful exhibitions like Convergence India (telecommunications, Sat, etc.) and the recent Renewable Ene... :: M. A. Winter
It was first PepsiCo which had announced to invest another $500 million in to the Indian market, then Nestlé announced to invest Rs 600 cr (approx. € 100 million) in India in 2009 for expansion of its business in the country. For Nestlé, this would be doubl... :: Our Bureau
The Minister of State for Food Processing Industries, Shri Subodh Kant Sahai, in Rajya Sabha has informed recently that the export of processed food items was 14501 crore Rs. (approx. €2.6 billion) in 2006-07, after 12329.85 Rs crore the year earlier. Accordi... :: Our Bureau
The Indian food market continues to grow — and also Annapoorna – World of Food India trade fair, which will be held from 13th to 15th November 2008 in Mumbai, will have more participants this year. Approximately 180 suppliers from 14 countries, including joint... :: Our Bureau
A new study by FICCI (Federation of Indian Chambers of Commerce and Industry) states that the € 160 billion strong (Rs 8,80,000 crore) Indian food industry can achieve an additional Rs. 440,000 crore (US $ 100 billion) opportunities by year 2015, if certain co... :: Our Bureau
Dr. Oetker-Group has announced today the acquisition of Fun Foods India, a leading Indian manufacturer of branded packaged food products and market leader in mayonnaise and sandwich spreads. Dr. Oetker intends to be the leading purveyor of western cuisine to I... :: Our Bureau
At a recent CII conference, Shri Kamal Nath, Union Minister of Commerce & Industry, emphazised India's target to cooperate in the agri-food sector. "India looks forward to partner with countries that have a strong agri-food sector from production through proce... :: Our Bureau
IFE-India 2009, the 2009 edition of the Indian food and wine fair held in Delhi just a few month back in December, has been cancelled for this year. The reason seems to be that the local Indian joint venture InterAds Montgomery Pvt. Ltd. based in Gurgaon is di... :: Our Bureau
It was just for moments that food companies must have thought their plans to exhibit at an Indian food fair later the year cannot be realized as IFE India 2009 was cancelled. But suddenly, Tarsus Group, a trade fair organizer from UK which is active in India s... :: M. A. Winter
A new giant in the global food market is currently created in Brazil through the merger of Perdigao SA and Sadia SA. Under the new name Brasil Foods SA, the merged company will become the world’s leading exporter of processed meat and chicken. The merger crea... :: Our Bureau
A week after India's new coalition government got down to work with the old and new Prime Minister Manmohan Singh, the remaining portfolios have been allotted to the ministers, many of them known faces from the earlier government. Already last week, veteran P... :: Our Bureau
Shri Subodh Kant Sahai, Union Minister for Food Processing Industries, has stressed the need to confer the same status on the Food Processing industry as has been conferred upon the Infrastructure industry. Talking to various representatives of the Industry at... :: Our Bureau
The Prime Minister has approved the constitution of an Empowered Group of Ministers to consider issues concerning procurement, management of foodgrains stocks, revision of central issue prices of foodgrains and the proposed law on food security, the Prime Mini... :: Our Bureau
Indian subsidiaries of global food and beverage (F&B) companies such as Unilever, Kellogg, Coca-Cola, PepsiCo and ConAgra are planning to adopt common nutritional labelling standards to address growing health awareness and concerns about obesity, media have re... :: Our Bureau
India is willing to provide assistance to food insecure countries to develop their own agriculture and becomes self sufficient in keeping with the resolution at La Aquila, Ministry of Agriculture has informed recently. Stating this, Agriculture and Food Minis... :: Our Bureau
Delhi-based Mahashian Di Hatti Ltd., known for blended spices under the brand name MDH, has plans to enter into the ready-to-eat food segment. But other as it would be expected by a company offering curry, cumin and many more chili enriched hot masalas, the co... :: Our Bureau
Anuga 2009 ended yesterday, and organizer Koelnmesse informed about the facts and figures of the world’s biggest food fair. According to that, Anuga 2009 was attended by 6,522 companies from 97 countries, occupying a gross exhibition space of 287,000 m². The t... :: Our Bureau
An American USIBC delegation was in India to launch USIBC’s 2009 Food Security Mission and present a new study about the benefits of the private sector's outreach to India’s food sector to the public. According to U.S.-India Business Council USIBC, the delega... :: Our Bureau
Kraft Foods Inc., the world's second largest food company, informed this week that its third quarter profit fell 39.5% from last year, when results were boosted by huge gains from divestiture of discontinued operations. At the same time, the company raised its... :: Our Bureau
The Third Halal Expo has opend its gates today in Dubai. Presenting 65 exhibitors from various countries like UAE, Singapore, Malysia and Italy, the trade fair wants to be a plattform for producers and buyers of halal food, restaurants and halal cosmetics. Or... :: Our Bureau
Companies from the Netherlands are seeking to set up joint ventures in food processing, floriculture and food retailing in India’s eastern and north-eastern states. This was disclosed by Hans Wolff, agriculture counsellor, embassy of N... :: Our Bureau
During the World Summit on Food Security held in Rome from 16. to 18. November, FAO and the Islamic Development Bank (IDB) announced a $1 billion agreement to fund agricultural development in poor countries that belong to both organizations. The framework agr... :: Our Bureau
World of Food India and International FoodService India, two fairs organised by Koelnmesse in cooperation with FICCI, have opened its gates in Mumbai on November 25. Concurrently to that, “Foodworld India 2009” has been announced by the organisers as a convent... :: Our Bureau
France has offered expertise and technology to help India develop its food processing sector when Anne-Marie Idrac, French Foreign Trade Minister, was on a 4 day visit to India in October. "The Indian agro-food shows huge potential that had yet to be tapped",... :: Our Bureau
Prime Minister Manmohan Singh was recently on a visit to the US where he together with President Barack Obama launched a "Green Partnership, reaffirming their countries’ strong commitment to taking vigorous action to combat climate change, ensuring their mutua... :: Our Bureau
Domino’s Pizza India, which runs fast food chain Domino's Pizza with 274 restaurants in India, has infomed that it has changed its corporate name to Jubilant FoodWorks. "The decision to change the name has been taken to align ourselves with the branding of th... :: Our Bureau
From 2nd to 4th December 2009 the International Food & Drink Expo India will take place at Pragati Maidan, New Delhi. Organiser Taurus Group of UK has informed that exhibitors from around the world are expected, countries include Australia, Austria, Italy, Fr... :: Our Bureau
The annual rate of inflation based on the wholesale price index of food articles increased to 19.05% for the week which ended on 5. December 2009, from 15.58% two weeks earlier, the Ministry of Commerce has informed. Food price inflation stood at 10.28% in th... :: Our Bureau
RJ Corp, part of diversified Jaipuria group owned by Ravi Jaipuria, has announcd plans for further expansion and acquisitions in the food and beverage sector in Africa. Media reported that RJ Corp sees Africa as a "high-potential" market where a business of $1... :: Our Bureau
The role of packaging in food merchandising will undergo a lot of changes in the years to come. India is seen somewhere at the middle of the evolution stage in terms of food packaging when compared with the developed economies such as Japan, Germany and the US... :: Our Bureau
Nestlé has agreed to acquire Kraft Foods' frozen pizza business in the US and Canada for USD 3.7 billion in cash. The business includes brands such as DiGiorno, Tombstone, California Pizza Kitchen, Jack’s and Delissio. This frozen pizza business would provide ... :: Our Bureau
The Government has taken necessary steps to rationalize and simplify the tax structure for the food processing industry, the Mnistry for Food Processing Industries has informed. The tax benefits are for companies in the business of processing, preserving and p... :: Our Bureau
The Ministry of Fod Processing Industries has announced that the National Institute of Food Technology Entrepreneurship and Management (NIFTEM) is all set to start its activities during the forthcoming academic session 2010-2011. This “apex world class instit... :: Our Bureau
The Indian dairy industry is booming. Players like Parag Milk Foods from Manchar near Pune, known better for its brand “Gowardhan” are looking to exploit this huge opportunity. Gowardhan is a popular brand among milk and ghee lovers but now the Rs 350-crore, ... :: Our Bureau
The 25th International Food and Hospitality fair with its food part "Aahar 2010" was opened yesterday in New Delhi by chief guest Subodh Kant Sahai, the minister for food processing industries. The food fair itself is a smaller part of the fair which mainly c... :: FII-Reporter
Piruz Khambatta, president of the All India Food Processor's Association, wants that food processing in India can play its bigger, natural role and that obstacles are removed with the help of the government. India has all the resources needed for food proces... :: FII-Reporter
Organiser Tarsus Group from UK has just announced the second editon of the International Food & Drink Expo which would take place from 2nd to 4th December, 2010 at Pragati Maidan in New Delhi. "The growth of the Indian food and drink industry is expanding at ... :: Our Bureau
The last months have seen tremendous foreign investment into India, but the total amount was smaller than in the last year. Outstanding in that scenario is the food processing sector which could attract more foreign investment, the amount has more than doubled... :: Our Bureau
Following the joint ministerial statement of BRIC countries on the global food security, adopted at the Summit in Yekaterinburg (Russia) on June 16th 2009, the ministers of agriculture of the four BRIC countries have met in Moscow to discuss issues of global f... :: Our Bureau
Bulgaria and India have signed a Protocol on Economic Cooperation to raise the level of Economic and Trade Cooperation between the two countires. This is the target of a Protocol on Economic, Scientific and Technical Cooperation which has been signed during th... :: Our Bureau
Inflation in food commodity prices in the week ending April 24, 2010 has come down further to 16.04% (year on year). It was to 16.61% in the previous week and 17.65 % in the week before that, Ministry of Consumer Affairs, Food & Public Distribution informs. ... :: Our Bureau
The Indian Institute of Crop Processing Technology at Thanjavur and the University of Saskatchewan, Canada, have signed an MoU for cooperation in the fields of training, exchange of collaborative research, curriculum and institutional development and exchange ... :: Our Bureau
Ministry of Agriculture has infomed that Minister of State for Agriculture, Prof. K V Thomas was on a trip to China where he held a series of meetings with Chinese authorities to strengthen technical collaboration in the food sector between the two countries. ... :: Our Bureau
A new survey of ASSOCHAM suggests that the mall culture has not been able to shift the focus entirely away from local traditional markets as the shoppers prefer to hangout and shop there, more so because of the familiarity with ambiance, ease of access, variet... :: M. A. Winter
India with its growing economy – 8% in 2010 – its growing population of 1.2 billion, which will overtake China in 2025, and its growing middle class, is a very attractive market for food processing companies. The big growth potential for companies derives fro... :: M. A. Winter
The union Ministry for Food Processing Industries is organising an “Entrepreneurs Meet” to be held on July 2, 2010, in New Delhi. The theme of the meeting is “Emerging Innovative Technologies for Competitiveness in Food Processing Sector,” the ministry inform... :: Our Bureau
India has to reposition itself in terms of productivity, commercialization and value addition in quite a few promising sectors, and food processing industry is one among these sectors and would displays enormous potential to promote such activities in a big wa... :: Our Bureau
Anapoorna, Aahar, IFDE and other food fairs in India will again take place in the next couple of months. Their organizers are sending out mailings and make calls to companies around the world to woo them as exhibitors. The Indian food market – without any doub... :: M. A. Winter
Ammirato from Italy has established a subsidiary in India at Bangalore as an import base to market its Italian wines and foods under the same label. Ammirato, based in Bologna, claims to be the "Embassy of the Italian flavors around the world". Its product po... :: Our Bureau
India’s domestic food market is projected to grow heavily from the current level of US$ 181 billion to US$ 258 billion in 2015, but now the rising demand for specific skills and available supply has eroded the competitiveness of the industry, says a new FICCI ... :: Our Bureau
There is a need to accelerate India's food grain production to meet the growing demand of the population, and that all in times of new challenegs by climate change. This has to be achieved through vertical expansion with the use of science and technology. This... :: Our Bureau
India Trade Promotion Organisation (ITPO), the trade promotion agency of the Government of India, is organizing Aahar- The International Food Fair 2010 in Chennai during August 26-28, 2010. Like Aahar in Delhi, the show in Chennai is supported by the Ministry... :: Our Bureau
The Prevention of Food Adulteration Act, 1954 has so far stood the test of the times over the years since its enactment, says Minister for Health and Family Welfare, Shri Ghulam Nabi Azad, as according to the latest available information provided by the states... :: Our Bureau
As per the Vision 2015 Document of the Ministry of Food Processing Industries, which was published in 2006, investment to the tune of Rs. 100,000 crores (currently about Euro 16 billion) are required to achieve the targets specified for the year 2015. Of these... :: Our Bureau
Despite the Indian food industry’s strong market growth potential of 40% by 2015 to touch USD 258 billion from the current USD 181 billion and accounting for a spend of about 21% of GDP, the industry is buffeted by 15 major challenges that have depressed its ... :: Our Bureau
Due to lack of cold storages in the country, substantial quantities of vegetables and fruits are spoiled. This is an information given by Subodh Kant Sahai, Minister of Food Processing Industries, in the Rajya Sabha. The level of wastage of agricultural food... :: Our Bureau
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... :: Our Bureau
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... :: Our Bureau
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... :: Our Bureau
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... :: Our Bureau
Subodh Kant Sahai, Minister for Food Processing Industries, was in Canada recently to promote the Indian food sector and woo investors. Sahai was talking to more than 15 Canadian companies which obviously have shown keen interest in the Indian food market. I... :: Our Bureau
Mettler Toledo Garvens launches two new Electro Magnetic Force Restoration (EMFR) weighcells for improved diagnosis and accuracy of both static and dynamic weighing processes during food production. These two new weighcells, TF10 and TF20, include productivity... :: Our Bureau
European products are evermore in look out to enter and cement themselves in the Indian market, with an indelible impact on the consumers. To facilitate that, a few dedicated food events have been held in the last months, and we will have a look to them here. ... :: FII-Reporter
The Government has taken necessary steps to rationalize and simplify the tax structure for the food processing industry, the Ministry of Food Processing has informed. On the Income Tax side, 100% tax exemption is available for the first five assessment years ... :: Our Bureau
Switzerland based Barry Callebaut, the world’s largest manufacturer of high-quality cocoa and chocolate products, and Kraft Foods Inc. (NYSE: KFT), the world’s second largest food company and a global leader in confectionery, have recently announced the signin... :: Our Bureau
France's Minister for Food, Agriculture and Fisheries, Mr Bruno Le Maire, on his recent visit to India stressed on having a long term commitment in the Indian Agriculture and Food processing sector, thus doubling the trade between the two countries from US $ 6... :: Our Bureau
India is set to witness the next revolution in the food processing industry. This was stated by Union Minister for Food Processing Industries Subodh Kant Sahai after his meeting with German Minister of Food, Agriculture and Consumer Protection, Mrs. Ilse Aigne... :: Our Bureau
Food processing is a key sector to boost Indo-UK trade and achieve the target of USD 24 billion bilateral trade by 2015. This was suggested in a recent FICCI Survey on “India-UK-Partnering for Growth”. Indo-UK trade has increased steadily over the past five y... :: Our Bureau
Count down is on for the second edition of the International Food & Drink Expo India which is ready to return to Delhi this December, taking place from 2 – 4 December, Hall 12a, at the Pragati Maidan Exhibition Grounds, New Delhi. This annual trade exhibition... :: Our Bureau
Subodh Kant Sahai, Union Minister for Food Processing Industries, again has stressed the need to offer tax holidays to the Food Processing industry. This time, he compared the possible benefits for the food sector with those which have been achieved by the Ind... :: Our Bureau
CII will hold Logistics Summit 2010 with the title "Building India's Logistics infrastructure - Investment, Operation, Growth", on 13 and 14 December at The Grand Hotel in New Delhi. For the inaugural address, G. K. Vasan, Indian Minister of Shipping, is expe... :: Our Bureau
There has been a major shift in food habits in the metropolitan cities, as about 86% of households prefer to have instant food (canned, instant mixes, baked, pasta, etc.). Reasons are the steep rise in dual income level and standard of living, convenience, inf... :: Our Bureau
India has a new Minister of Food Processing. This week, the UPA government has changed the portfolio of 33 ministers and inducted three new faces in the cabinet. Prime Minister Manmohan Singh called is a “minor reshuffle”. In this process, Sharad Pawar who un... :: Our Bureau
FDI (foreign direct investment) in food processing sector would be "quite encouraging", Harish Rawat, Minister of State for Food Processing Industries, has informed in the Lok Sabha. The amount of FDI inflow for Food Processing Sector in India during the fina... :: Our Bureau
The Finance Minister, Pranab Mukherjee, has announced the new budget. Part of this is the latest estimate of the Planning Commission, according to which the GDP is estimated to have grown at 8.6% in 2010-11. Exports have grown by 9.6%, imports by 17.6% in A... :: Our Bureau
The Indian agricultural and food processing sector is of high interest to the Netherlands, from where a delegation of 40 agri-business companies came to New Delhi recently to explore business opportunities in the Indian agriculture sector. The focus was on gre... :: Our Bureau
Dr. Charan Das Mahant has tgaken over as the Minister of State for Agriculture and Food Processing Industries in New Delhi. Born in 1954 at Saragaon, District Janjgir Champa in Chhatisgarh, Mahant has studied agriculture and made his Ph.D. He represents Korb... :: Our Bureau
Small domestic food companies continue to be bullish about India's consumption story, despite inflation and interest costs cutting into purchasing power in consumers' hands. A rate of penetration of packed foods of 5% only is potential enough for many and the... :: Our Bureau
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... :: Our Bureau
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... :: Our Bureau
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 ... :: Our Bureau
Tamil Nadu Technology Development & Promotion Center of CII has infomed, that they are organizing 3rd edition of FoodCon 2012: Conference on Advanced Technologies for Global Food Market, to be held on 27th July 2012 at Hotel Le Royal Meridien, Chennai. The pr... :: Our Bureau
Processed food player McCain Foods Pvt Ltd is set to double its retail network from current 4,500 to 9,000-10,000. The company offers frozen potato products like McCain French Fries, McCain Smiles, apart from local delights such as McCain Aloo Tikki, and Idli ... :: Our Bureau
A set of trade shows coming up in August wants to show not only food products and equipment, but wants also to proof the transformation in Indian agriculture over the last years. "India’s transition from AgriCulture to AgriBusiness is the proliferation of mega... :: Our Bureau
MTR Foods Pvt. Ltd., a producer with a tradition of 85 years in authentic Indian vegetarian cuisine and currently present in the breakfast, dessert and snacks categories, has natinally launched the Rasoi Magic brand of meal mixes. Rasoi Magic is according to t... :: Our Bureau
TNTDPC (Tamil Nadu Technology Development & Promotion Center) is organizing a Mission to Thailand on Functional Foods during 6-7th September 2012 to explore the possibilities of business and technology tie-ups under the ASEAN INDIA Science & Technology Develo... :: Our Bureau
If there is one sector that has been growing faster than agriculture as well as manufacturing sectors, has the potential to create jobs in the rural areas, bridge the gap between the price paid by the consumer and that received by the farmer and create value a... :: Our Bureau
Diversified business group Empower India has acquired Uniheal Foods, a sole proprietor entity that makes health and nutritive food products for an undisclosed amount. Ninad Deshmukh, owner of Uniheal, would be part of the team at Empower to take further devel... :: Our Bureau
Nestlé CEO Paul Bulcke gave the annual City Food Lecture in London, UK, and has used his keynote speech to warn the food industry that water scarcity is one of the greatest threats it faces. In his speech, ‘Water – the linchpin of food security’, Bulcke argue... :: Our Bureau
20th April saw New Zealand High Commission, New Delhi, hosting a grand get-together to welcome a big delegation of New Zealand food and beverage companies visiting India. A group of 13 New Zealand food producers and wineries are at present in India, sponsored ... :: FII Reporter
TÜV SÜD in collaboration with ASSOCHAM is organising a summit ‘Safe Future Now’ on food safety in Gurgaon on 5th September, 2013. The summit will bring together market leaders and regulators on the same platform to discuss, learn and exchange experiences & ins... :: Our Bureau
The Indian market for food and beverages is growing strongly. To better network, introduce and market food & beverage products you may use a platform like which is known worldwide as a base of knowledge about the Indian markets. You can... ::
The demand for cocoa is growing due to the rising requirements from health drink and chocolate makers. Cocoa beans are the primary raw material for confectioneries, beverages, chocolates, and other food products. The growth of cocoa output in India was approx... ::
Using pectolytic and hemicellulytic enzymes to change the microstructure of potato cells in French fries improves the quality of the finished product, suggests research from Novozymes.The research, published in the Elsevier journal Food Chemistry, offer an inn...
KOLKATA: Even as you sip your daily cup of tea, there’s a huge exercise in global markets to make the world’s most consumed beverage more drinkable, more quality driven and in line with “realistic” MRL (maximum residue levels) and ISO 3720 standards. And what ...
Palm oil prices are set to jump more than 20 percent by year-end as global oilseed stocks get depleted and demand from the food and fuel sectors surges, industry officials said during the annual palm oil conference in the Malaysian capital. Malaysian palm, whi... :: Our Bureau
Are chocolate imports avoiding duties, and is there a risk for consumers? According to a recent newspaper report, there are many problems. If goods are imported through correct channels, duties and countervailling duties have to be paid and samples of the goo... :: By M. Winter
India will climb from its current position as the twelfth-largest consumer market today to become the world's fifth-largest consumer market by 2025, according to a new study by the McKinsey Global Institute (MGI). This will happen if India continues on its cu... :: Our Bureau
Big Apple, the retail brand of Express Retail Services Pvt. Ltd., plans to open 200 convenience stores in the national capital and surrounding cities to cater to the urban consumers. It is the aim of the company to allow shopping even in late evenings after l... :: Our Bureau
Frankfurt in Germany has been the meeting point for the global meat technology industry for a couple of days. IFFA 2007, the international flagship fair for the meat industry, took place from 5.-10 May with 913 companies (2004: 858) exhibiting machinery and eq... :: By M. Winter
The usual competition for the retailer's shelf space has finally arrived in India. The Future Group has taken on Pepsi's Frito-Lay, and boycotted all Frito-Lay snack products to push their own private brand Tasty Treat and ITC Food's newly-launched Bingo. Acc... :: Our Bureau
A survey among 15,000 hoteliers in Europe rates Japanese as best tourists, followed by Americans and the Swiss. The survey which was carried out by the German Institut GfK Group on behalf of the travel portal, asked questions in 10 categories like ... :: Our Bureau
June 1 is the World Milk Day. The day was founded by FAO (Food and Agricultural Organisation of the UN) in 2001 and it offers an opportunity to celebrate all aspects of milk. The day also provides a possibility to focus attention on what is happening on the w... :: By M. Winter
India cashew exporters are likely to receive orders for broken grades of cashew in Japan, going by the response to the experiment of introducing value-added Indian cashew products such as `kaju kathli' and `halwa' at the 32nd international food and beverages e... :: Our Bureau
YES Bank has launched a $100-million (approximately Rs 400 crore) private equity fund called the “Food and Agribusiness India Fund”. The objective of the fund is to invest in around 10-15 companies in the food and agribusiness sector. The bank is looking at r... :: Our Bureau
The government has asked the Wadia group which is controlling Britannia to disclose all the JV and technical collaboration agreements it has with Groupe Danone in India and abroad, according to media reports. Danone and Britannia are business partners since 1... :: Our Bureau
Praveen C. Kumar, Resident Manager, Taj Mahal Hotel, New Delhi, on the paradigm shift taking place in the Indian food retailing industry and its impact on the F & B supply-chain management of luxury hotels. Q1. Foodindustryi... :: Sachin Sharma
French food major Danone group is building up its Indian management team for its independent India strategy. The company has hired Sudhir Dasgupta, former chief financial officer of Max India, as its CFO, and Vibhu Nanda, earlier regional sales head (south) of... :: Our Bureau
The recent surge of palm oil prices to record highs globally, has forced the Indian government to cut the custom duties to control the prices of palm oil. As the other edible oils prices are also shooting up, users have little alternatives but to pay up, accor... :: Our Bureau
NEW DELHI: As the India government is liberalizing the licensing process , irradiation of fruits and vegetables for preservation may become simpler. Presently, government and private firms in the irradiation business have to get permission for preservation of ... :: Our Bureau
Chennai based Taj Mahal Agro Industries Pvt. Ltd. has launched a new rice brand – Moolgiri, claiming that it has low glycemic index, which can help diabetics to control their blood glucose levels. Glycemic index (GI) is a measure of a food to raise the blood ... :: Our Bureau interviewed Mr. Sundeep Kumar, director corporate affairs, SABMiller on the reasons behind the stupendous growth in the Indian beer market, future prospects and roadblocks. The Indian beer industry ... :: Our Bureau
The GRDI focuses on opportunities for mass merchant and food retailers. Asia's attractiveness for retail expansion is not limited to just India and China. Vietnam (4), Malaysia (8) and ... :: Our Bureau
GEAC, the genetic engineering approval committee is set to discuss for the first time the controversial approval for multi-location research trials of several food crops, including rice, maize, okra, brinjal and potato. An approval by GEAC for multi-location r... :: Our Bureau
A three-day event – ‘Globoil India’ – will be held in Goa. Commencing from Sep 21, the event will be focused on the global scenario in the vegetable oil sector. Fernando L Nebbia , Argentina's Food Minister and Commerce Minister of Paraguay Jose Maria Jbanez w... :: Our Bureau
Ministry of agriculture likely to produce guidelines for agriculture produce and processed food items. The standard, IndiaGAP (good agricultural practices), would be based on the lines of EurepGAP, Codex Alimentarius and other certification protocols. The ado... :: Our Bureau
UK research group Campden and Chorleywood Food Research Association (CCFRA) and the National Association of British and Irish Millers (NABIM) have designed a new process for wheat verification which identifies proteins. Its developer claims that it is the fast... :: Our Bureau
Coca Cola-India has given a Rs 84 crore contract to Jain Irrigation for supplying mango pulp for 'Maaza', a mango based drink. Jain Irrigation said in a communique to the Bombay Stock Exchange that compared to last year's order of Rs 33 crore, this was a 2.5 ... :: Our Bureau
International Finance Corporation (IFC), the private equity arm of World Bank, may invest Rs 23 crore($4.7million) in Jaipuria Group's Cream Bell, an ice cream maker. IFC will pick up 20% stake in the company. IFC has conducted due diligence to pick up 20% st... :: Our Bureau
Groupe Danone has made a public offer to acquire the Dutch Baby and Health food company Royal Numico for an offer price of € 55.00 in cash per ordinary share. Based on the intended price, Numico's share capital would be valued at approximately € 12.3 billion.... :: Our Bureau
Global supermarket chains such as Wal-Mart,Tesco, Carrefour and Metro may be sourcing Indian fruit and vegetables if a government proposal of quality certification and cold chain network gets going. The ministry of food processing is understood to have made ... :: Our Bureau In terms of ingredient sourcing are there any changes happening in view of the changing face of food retailing in India. Manjit S. Gill: We are sticking to our present system of sourcing as was said earlier. But yes. We are o... :: Our Bureau
German wholesale food company Metro AG plans to introduce training as part of the portfolio of its Indian subsidiary Metro Cash & Carry India. The retailer is understood be in the process of establish training academies for small-scale independent retailers ... :: Our Bureau
In their liquor policy for the year 2007-08, Karnataka and Chandigarh, two of India’s biggest liquor consuming markets have made substantial relaxations in the rules governing production and sale of wine. First off is the union territory of Chandigarh which h... :: Our Bureau
Nestle will soon roll-out Nido, the world’s largest selling children’s milk powder brand, in India. A manufacturing facility has been set up at Moga. Nido is being test-marketed in Kerala and will be launched in other parts of the country in phases. The compa... :: Our Bureau
Dabur India is likely to launch its retail business early next year. Dabur is already a household name in certain categories of food products and personal care items. The Dabur retail chain will compete against Reliance, Tata and other retail chains already ... :: Our Bureau
Refrigerated warehouses and perishable products cargo centres in India are reported to have attracted an investment of around $1.2 billion, a newspaper report said quoting industry analysts. Mukesh Ambani’s Reliance Logistics, Kishore Biyani’s Future Group a... :: Our Bureau
The Central Coffee Research Institute (CCRI) has developed a new coffee bean variety which would be released by end 2007. After 21 years of research, the CCRI expects to release the new variety on December 15. The yet-to-be named hybrid, hi-yielding arabica va... :: Our Bureau
Prices of milk and butter might increase upto 50% in the next days in Germany as new agreements of dairy factories and retailers will come into effect on August 1st after the supply of the raw material has been shrinking for months. The same happens in other E... :: By M A Winter
After withdrawal of additional customs duty on imported wines and spirits by the Centre following pressure from the US and the EU, the Maharashtra government has decided to levy a special fee of 200% on imported Scotch and 150% on imported wines. A notificatio... :: Our Bureau
Soups and soap maker Unilever announced "broad-based sales growth accross all regions and categories” on Thursday in Rotterdam when presenting its second quarter and half year results. The producer of Dove soap, Lipton tea and Knorr soups reported a 3% growth... :: Our Bureau
Bharti Enterprises and Wal-Mart Stores, Inc., one of the biggest retailers of the world, have announced the signing of an agreement to establish Bharti Wal-Mart Private Limited, a joint venture for wholesale cash-and-carry and back-end supply chain management ... :: Our Bureau
Organised retail and modern wholesale which have come to India in recent times have brought also new job profiles and individual competencies on demand which are far away from the jobs done in traditional mom-and-pop shops. A mom-and-pop shop is normally a r... :: By M. A. Winter
FICCI, the Federation of Indian Chambers of Commerce and Industry, has proposed to solve the problem of lacking cold chain facilities in India which leads to subsequent gigantic wastages through longer tax holidays for investors. In a detailed note to the Fin... :: Our Bureau
In a quick action against the retail plans of big corporates, the Uttar Pradesh government has ordered the closure of all organised retail stores on Thursday. Chief Minister Mayawati has announced a five-member committee that would look into all aspects govern... :: Our Bureau
ITC Limited, through its wholly owned subsidiary Russell Credit Limited, has acquired 100% equity stake in Technico Pty Limited, Australia (Technico) from its promoters comprising Chambal Biotech Pvt Ltd, Singapore, a K.K.Birla group company, Gresham Rabo, a f... :: Our Bureau
Indians are consuming over three million pizzas a month currently, and the monthly sales figures are projected to double in the next four years. The two pizza chains that currently dominate the branded pizza quick service restaurant market — Domino’s and Pizz... :: Our Bureau
After a failed partnership plan with Starbucks, Pantaloon Retail is understood to have signed up with California-based Coffee Bean & Tea Leaf. According to a report in an India business daily, the deal has been signed with the U.S. coffee chain through its ... :: Our Bureau
drink technology + PET India have been announced to be held in November in Mumbai. The event is a combination of mainly a congress with a small exhibition for visitors from the beverage industry. Referring to India’s economic growth and the rising number of h... :: Our Bureau
The India Trade Promotion Organisation (ITPO) may consider Shillong, Meghalaya and Siliguri in India’s north east as the host cities for the regional edition of AAHAR, one of India’s most popular food trade shows that attracts both national and international p... :: Our Bureau
For some experts, organised food retailers could play a support role to farmers, be it through better price information, higher prices, and as a reliable trad... :: By M. A. Winter
Here, Nirula’s is competing directly with other restaurant chains, retailers and also food retailers who all require space or sales floors in adequate locations and ambiences. Compared to realty issues, adjustments ... :: By M. A. Winter
India plans to have special economic zones for seeds and ‘seeds villages’ to provide a boost to the production of high quality seeds for achieving an overall growth in agriculture. This will be part of an estimated US$ 5 billion plan to provide a boost to basi... :: Our Bureau
Government-run shops that provide food at subsidized prices, a leftover of India’s pre-liberalisation era, are to get a makeover to challenge Pantaloon, Reliance Retail and other retail chains about to enter Kerala state, a socialist stronghold in India. Pop... :: Delhi Bureau
Indian consumers, traditionally known to prefer fresh food ingredients such as flour, pulses, spices and vegetables, are turning to packaged ingredients offered by India’s new retailers. “Packaged ingredients have emerged as our best sellers accounting for ove... :: Delhi Bureau
Amul, India's best known food brand, plans to enter the packaged water segment with "Narmada Neer". The water will be distributed nationwide through Amul's dairy products distribution network. The water will be obtained from the Narmada river and bottled at A... :: Delhi Bureau
On Saturday, the 29th Anuga will open its gates and a total of 6,607 suppliers from 95 nations will be exhibiting their food and beverage products. The fair, according to organizer Koelnmesse “the world's largest and most important trade fair for the internati... :: Our Bureau
The stall of that Indian company at anuga was crowded, the smell of Indian food was in the air. To talk to Mr Jain of Pulse Foods was almost not possible. A crowd of curious people wanted to find out what was on display. Question after question kept Neeraj Jai... :: By M. A. Winter
Processed food major Vadilal has brought a full range of vegetables from India and has nicely arranged them in a display case at their anuga stall. Many visitors, some of them Indians who work abroad, enquire about quality and prices. Vadilal processes a to... :: By M. A. Winter
Swani Spice Mills is one of the 2600 registered Indian exporters of spices, be it chilli, cumin, ginger or pepper. All together, the have shipped 373.750 tonnes of spices overseas. A sampling of Swani Spices. Swani, whose plant is located just outside Mumbai... :: By M. A. Winter
Indian industrial giant ITC has come with a big team and a large and nicely designed stall to anuga to make its presence felt and presented to the public for the first time a complete range of frozen products under its brand “Kitchens of India”. In the last y... :: By M. A. Winter
APEDA, Agricultural & Processed Food Products Export Development Authority, an apex organization under the Ministry of Commerce of India, has jointly with ITPO organised a group participation of Indian companies. 50 companies were part of that group, exhibitin... :: By M. A. Winter
Ravi Food is one of the few Indian manufacturers of chocolates. Apart from that, biscuits, wafers and confectionery like toffees and candies are produced, all marketed under the brand name “Dukes”. To make chocolate in India requires special efforts due to th... :: By M. A. Winter
Sometimes, companies and their product portfolio are not known to a general public as they do not offer consumer products. But, as in the case of Gujarat Ambuja, many consumer products would not be possible without the earlier ones specialities. Gujarat Ambuj... :: By M. A. Winter
Among the 13 exhibitors from Pakistan at anuga there was also the Rasul Group of Karachi, a producer of flour, breads, sauces and – unexpected for a company from Pakistan - noodles. Under the brand name “Bake Parlor”, the company produces and markets a whole... :: By M. A. Winter
At anuga, had a chance to talk to Vineet Chhabra, Managing Director and Group CEO of The Global Green Company, which is headquartered in Bangalore. For the first time, Global Green was present at the food fair together with Intergarden, ... :: By M. A. Winter
J.S. International, a company from the J.S Group of companies, is on expansion course in the trade of buffalo meat. After having started in 1978 with the manufacture of horse riding equipment, J.S Group expanded later to pet food, bird and horse food products... :: By M. A. Winter
Starbucks and PepsiCo have recently announced that they are expanding their relationship beyond North America. The world’s largest coffee chain and PepsiCo have signed a deal to sell Starbucks ready-to-drink beverages in international markets, including those ... :: Our Bureau
After shortages in the international wheat market which had driven up the prices to a high in August, hefty sales of wheat supply have been reported from several markets in October, with a downward effect on prices. The International Grain Council (IGC) noted... :: Our Bureau
Drink technology plus PET India, the trade show for hard and soft drinks besides bottling and preservatives, is scheduled to be held in Mumbai on November 29 and 30. Organized by Munich International Trade Fairs and partners VDMA and PETplanet, the show is bei... :: Delhi Bureau
December is coming closer, and the next IFE India, conceptualised as international food, drink and hospitality exhibition, will open its doors for the 5th time from 6. - 8. December 2007. Organised by Montgomery International, London, together with its affilia... :: Our Bureau
The drinks business is booming. India is one of the markets where companies see already high growth rates and expect a long lasting upswing in the years to come. Ball Corporation, a $6.6 billion company from the US and leading supplier of high-quality metal a... :: Our Bureau
Metro AG which is operating as a cash & carry wholesaler in India has found private labels (product brand names owned by Metro) as a good way of differentiating its products from those of established brands. Metro must sell only to registered retailers such as... :: Delhi Bureau
India’s soft drink packaging is dominated by glass bottles which constitute over 60% of the market. However, in a trend that is slowly becoming mainstream, PET bottles are appearing to growing faster than glass bottles and industry analysts are willing to bet... :: Delhi Bureau
Participating in the Annapoorna World of Food (AWOF) show held in Mumbai, Germany’s CMA Central Marketing which was representing several German food, dairy and beverage manufacturers is bullish on India. Mr Burkhard Endemann, Exportmarketing, CMA told Foodindu... :: Delhi Bureau
Hochwald, the German dairy products manufacturer whose milk based products are sold in over 126 countries was present at Annaporna World of Food in Mumbai last week. Area manager John Mueller told that his company was keen to introduce it... :: Delhi Bureau
Mumbai played host to the World of Food (WOF) India trade show in November which attracted over 5000 trade and professional visitors looking to see the latest trends and innovations in food and beverages from India and around the world. Japan had one of the l... :: Rupert Sutton
Mithai- the traditional Indian sweats are giving way to chocolates among upwardly mobile Indians. Chocolate sales have risen by 15% in 2007 to reach 36000 tonnes according to one estimate. Another estimate puts the figure at 25000 tonnes. However, irrespective... :: Delhi Bureau
IFE, the Indian fair of global IFE food fairs, has opened its gates on Thursday for visitors to experience the world of food, wine, and various equipments. The Minister of State for Industry, Mangat Ram Singhal, was the chief guest at the opening ceremony. Mo... :: M. A. Winter
According to an exclusive interaction with Mr. David Carr Taylor chairman of Taylor & Shroff –fine wines and spirits - Taylor & Shroff are perhaps the only wines to compliment hot spicy food and curries of India food. There is hardly any other English wine in... :: Delhi Bureau
Worried over your pizza getting cold by the time the delivery boy brings it over to your house?. TherMonde, a U.S. based company has an ingenious solution to this problem. A hot bag that keeps food warm to 150 degrees Fahrenheit was demonstrated at the IFE foo... :: Delhi Bureau
There were several group participations at IFE India 2007. One of them was from Austria, the small but dynamic neighbour of Germany. For them, it was even the first time that this country has sent a group participation to a food fair in India, Franz Ernstbrun... :: M. A. Winter
India is one of the fastest growing markets for cheese with annual growth pegged at 20% with a total consumption of about 7,000 tons a year according to an official of the Indian Agri-Commodity Federation. With one of the largest consumer bases in the world, c... :: Vincent Von Ross
The Grape and Wine Board (GWB) will function as the nodal body for the orderly development of the wine and grape industries and address industry-relevant issues. It is likely to be constituted by the Ministry of Food Processing by the end of the current fiscal... :: Delhi Bureau
A fantastic success story was told by Grupo SOS, the € 1.3 billion olive oil, rice and vinegar producing flagship company from Spain, when met Enrique Sancerni, export manager of Grupo SOS during IFE trade fair. Since about 25 years, SOS... :: M. A. Winter
With the launch of “Fresh LePaneer”, Dabon International Private Limited (DIPL) has introduced a branded world-class cottage cheese (locally called “paneer”) produced with global expertise, into the Indian cheese market for the first time. Dabon International... :: Vincent Van Ross talked to Kapil Nayyar, Assistant Director of luxury hotel The Grand, New Delhi, about the Indian market for beverages, the wishes of guests and visible trends, and about the challenge to be a F&B manager in an increasingly competitive en... :: M. A. Winter
For the calorie conscious and the weight conscious users of dairy products there is some good news from the topmost brand in Indian dairy products—‘Amul.’ Its recent introductions include ‘Amul Lite’ –a low-calorie bread spread and ‘Amul Lite and Trim Milk’... :: Vincent Van Ross
An Indo-German strategic partnership in agriculture was agreed in 2007, when the Parliamentary Secretray of State of the German Ministry Ministry of Food, Agriculture and Consumer Protection, Dr. Müller, was on a visit to India and met the Indian Minister for ... :: M. A. Winter
Ginger has made a career. In Asia, especially in India, where ginger is grown for 3000 years, ginger is used not only in the kitchens, but is seen as a natural medicine. The positive health effects would fill a long list, including the treatment directions. Ay... :: M. A. Winter
Wal-Mart and Carrefour are still leading the ranks of the world’s retailers, says a new study about the 250 largest retailers in the world. On the other 8 ranks among the world’s top ten, several newcomers have jumped forward. Like Tesco from UK, which is on r... :: Our Bureau
Surya Food & Agro Limited (SFAL), makers of “PriyaGold” brand of biscuits and cookies aims to garner 25% market share of the Indian market for biscuits. The product basket of Priyagold has Butter Bite, Classic Cream, Kids Cream, Butter Lite, Big Boss, Marie ... :: Vincent Van Ross
Bosch Packaging Technology, the packaging machinery division of the global player Bosch which is well-known in the global automotive industry, has opened a new manufacturing facility in Goa, India, to get a greater access to the growing customer base in the bo... :: Our Bureau
Higher prices for sweets and confectionery in the EU have been announced just a few days before the opening of the Sweets Fair ISM in Cologne, Germany (27.- 30. January). Increases in raw material prices in the food sector will lead to higher food prices for c... :: Our Bureau
The retail sector is still closed for foreign investment (FDI). An argument often heard why the sector should remain closed for FDI is the existence of millions of small retailers, who should not loose their business and thus, their livelihood, when big superm... :: M. A. Winter
Karnataka based Ken Agritech India Ltd has entered into an agreement with Sriram Fruit Processing Co-op Society, Mahabaleshwar, near Pune to source strawberry export to continental Europe. The overseas marketing will be done by Belgian company Jobrex N V that ... :: Our Bureau
High license fees and fear of attracting the “wrong” kind of clientele has forced many supermarkets from stocking beer and wine, despite a government ok to allow supermarkets and convenience stores to stock “milder” forms of alcoholic drinks such as beer and w... :: Our Bureau
Indian trains that serve an estimated two million passengers per month, may get to serve McDonald’s burgers to some of them. McDonald’s North India franchisee, Vikram Bakshi was quoted as saying in a business news paper that his company was talking to the Indi... :: Our Bureau
The Indian government has delisted 79 items from the list of products reserved for the small scale industry sector with a notification on February 5. Among the de-reserved items are also 4 food products, namely pastry, hard boiled sugar candy, rape-seed oil... :: Our Bureau
Shri Subodh Kant Sahai, Minister for Food Processing Industries, has laid the foundation stone for the upgradation of the Institute of Crop Technology at Thanjavur in Tamil Nadu. According to a release by the Ministry for Food Processing, the Institute will f... :: Our Bureau
Prices of lamb and chicken, the staple meat for most Indians, are slowly inching upwards on the back of demand coming from those converting from a largely vegetarian diet to an increasing portion of non-vegetarian food. Price of fish, which is a near-staple di... :: Our Bureau
Food retailing was only a small part of the event which covered also fashion retailing and airport shopping, but there were two se... :: M. A. Winter
In a few days, the Government of India will present the new budget for the next fiscal year, starting from April 1. During the budgeting season, industries and sectors usually present their wish list about taxes, customs duties or subsidies. One sector from t... :: Our Bureau
The government in the western Indian state of Rajasthan has imposed a 4% tax on fruit and vegetables sold by large retailers to protect small farmers and mom and pop stores. The tax was announced in the general budget for 2008-09 fiscal year. Other Indian stat... :: Our Bureau
“The India growth story, so far, has been an absorbing and inspiring tale. Beginning January 1, 2005, the economy has recorded a growth rate of over 8 per cent in 12 successive quarters up to December 31, 2007. In the first three years of the UPA Government, t... :: Our Bureau
The Indian market for fruit juices has seen a number of product launches and new companies stepping into the juice business in the last years. Now CavinKare Pvt Ltd., Chennai, has announced to enter the juice market through the acquisition of Tamil Nadu-based ... :: Our Bureau
AAHAR, earlier a dedicated food fair, has opened its gates today in Delhi. Besides a so far undisclosed number of estimatedly 100 food companies which are mainly located in hall 18 which was upgraded for the show with mobile air-conditions, and a nearby tent,... :: Our Bureau
Darshan Foods Pvt. Ltd. is one of the hidden Indian food champions which have been working undetected by many consumers in the Indian meat market for years. Under the brand name “Meatzza”, the company has been selling meat and Indian and European meat product... :: M. A. Winter
The food hall number 18 of Aahar 2008 saw very good visitor-ship on Wednesday, 12. March, the third day of opening. Whereas the visitors kept exhibitors busy even before noon, the stream of visitors became much larger after 1 pm. The photo shows a part of ha... :: Our Bureau
Blame it on the Japanese- their rice cookers which revolutionized humble Asian kitchens decades ago by making rice cooking quick and easy, are now being blamed for a global spurt in the price of rice. Rice prices are trading at $500 a tonne which is nearly do... :: Our Bureau
Nestlé has reported a “strong start” in the current year 2008, the organic growth for the year would be as strong as in 2007. Organic growth in 2007 was 7.4%. Nestlé’s long-term growth target would be between 5 and 6%. Nestle also reported that it has been fo... :: Our Bureau
Imported edible oils including palm oil and olive oil may become cheaper by about 15% to 20% following a proposal to reduce import duty on edible oil. The government is worried over rising food prices and the high price of edible oil which is widely used in In... :: Our Bureau
Olive oil is the most expensive edible oil in India. Thanks to its “imported” status it attracts a 45% import duty, among the highest for food products which has made its retail price about three times more expensive than competing edible oils. However, thank... :: Our Bureau
Global Green, the USD 100 million plus agrobusiness major from Bangalore, is strengthening its already leading position in the international gherkins and pickles market. In January, Global Green has signed a strategic partnership with Bay Valley Foods, the wo... :: M. A. Winter
Tenants in Indian metro cities already feel the heat of inflated land and rent prices. What is valid for private persons is the same for retail outlets. Food chains have been rolling out their networks in high speed, some starting from scratch like Birla’s “mo... :: Our Bureau
Indian spices exports are expected to cross $1 billon for the first time in history, and much of this is being credited to the humble chilli which has recorded production of 169,000 tonnes this year. This has come at a time when chilli and pepper prices rid... :: Our Bureau
The Indian coffee scenario looks quite bright, as many Indians, a majority of them traditionally tea drinkers, have discovered some time ago the enjoyment of drinking coffee. Coffee chains like Barista, now owned by Italian Lavazza, Café Coffee Day and Costa C... :: Our Bureau
At a time when Indian mango exports are growing, the 2008 summer, also called the “mango season” is likely to be one of poorest harvests in recent memory. An unusually cold spell during the mango flowering season in January-February followed by unseasonal rai... :: Our Bureau
Humana Milchunion, one of Europe’s biggest milk and multivitamin food producers located in Germany, is said to have plans to set up 200 stores in 3 years in the next three in India. It is understood to be in the advances stages of forming a joint venture with ... :: Delhi Bureau
Like retail outlets and supermarkets, restaurant chains have mushroomed all over India in the last two to three years, leaving the consumer sometimes alone with the important question where to go when standing in a street in Delhi, for example, when there is a... :: Our Bureau
The Indian government has proposed to establish new purity standard for olive oil by amending the Prevention of Food Adulteration (PFA) Rules, 1955. The PFA rules are being amended to harmonize the Indian laws concerning olive oil purity with that of the inte... :: Our Bureau
Retailing of meat was not much in the focus since the discussion is on about new retail chains giving competition to small mom-and pop-stores, as these do not sell meat. therefore takes a closer look on how meat is retailed in India in tr... :: M. A. Winter
The emergence of modern retail in India has increased the shelf space and has provided the growing food demand a place to meet supplies, thus offering huge opportunities for food suppliers to sell their products. But is that all sufficient? Certainly not, as n... :: Our Bureau
The Indian food retailing scene has witnessed an incredible emergence of food retailing chains and supermarkets from the scratch. One of such... :: M. A. Winter
In October and November 2008, three food processing and packaging fairs will be held in India within 6 weeks. The organisers are Koelnmesse of Cologne, Germany, Messe Düsseldorf, from the city of Düsseldorf, also in Germany, and the Confederation of Indian Ind... :: Our Bureau
Candy maker Mars Incorporated (“Mars”), a family owned business from McLean, Virginia, USA, has announced a merger agreement with Chicago-based Wrigley Jr. Company (“Wrigley”), a world leader in gum and confections. The transaction is valued at approximately $... :: Our Bureau
At Food & Technology Expo, most exhibitors in the processed food section have come under the various umbrellas of state horticultural and other government boards. One of such boards is the Indian Coconut Development Board, which brought a handful of coconut pr... :: Our Bureau
Bakers Circle, a leading Indian producer of frozen bakery and confectionery, will launch its products in the retail segment and enter a new business. Bakers Circle, a Gurgaon based company with a new factory in Uttarakhand, produces breads like baguette, r... :: M. A. Winter
Unilever has reported a 39% increase in first-quarter pre-tax profit to €1.78 bn. Growth of turnover was 6% to reach €9.6 bn. Group underlying sales growth (turnover minus effects of acquisitions and disposals) for the period was 7.2%. There was strong growth... :: Our Bureau
Metro Cash & Carry, the international leader in self-service wholesaling, opened its first outlet in Mumbai last Wednesday, which is the fourth in India. Two have been opened earlier in Bangalore, and one in Hyderabad, since Metro came to India in 2003. The Mu... :: Our Bureau
Italy was famous in earlier years for soccer and for its actress Sophia Loren. Today, Sophia Loren, in her early seventies, is still famous -especially since her last special photos for the Pirelli calendar in 2006. But another Italian category has become a ce... :: M. A. Winter
The world largest retailer Wal-Mart Stores, Inc. has reported its sales and earnings for the quarter ended April 30, 2008. Net sales for the first quarter of fiscal year 2009 were approximately $94.1 billion, an increase of 10.2 percent over $85.4 billion for ... :: Our Bureau
CII was recently holding a one day Retail Conference which had the subtitle „Transforming Retailing in India“. The audience could listen to eminent speakers from different sectors of the Indian economy, be it retailers, restaurant chains, consulting firms, rea... :: M. A. Winter
Central European Distribution Corporation (CEDC), the largest vodka producer in Poland and leading national distributor of imported alcoholic beverages in Poland at the same time, has announced that it would acquire 40% into the Russian Alcohol Group ("Russian... :: Our Bureau
In Germany, more than 80% of the food retailing market is in the hand of the top 5 retailers like Edeka, Rewe, Aldi and others. Thus, organized bargaining power fr... :: M. A. Winter
The long awaited study by the Indian Council for Research on International Economic Relations (ICRIER) on the impact of modern retailing on the unorganized sector has been published now. The study has been commissioned by the Ministry of Commerce and Industry.... :: M. A. Winter
The demand for wine in India is growing. Chile, a South-American country with a long tradition in producing excellent red wines, will therefore hold the first Chilean Wine Festival in New Delhi. Sommelier Magandeep Singh, India's first French-certified sommel... :: Our Bureau
At the Food Summit of FAO in Rome, Heads of State and Government and ministers have discussed the current global food situation, problems of rising food prices and necessary measures to increase food security for the poor. For FAO Director-General Jacques Dio... :: Our Bureau
On a recent visit to Australia, where Mr. Kamal Nath, Union Commerce and Industry Minister, was discussing a feasibility report on a free trade agreement between India and Australia, the minister was accompanied by a business delegation seeking business and in... :: Our Bureau
Leading global agribusiness and food company Bunge Limited, the largest American processor of oilseeds, has announced to acquire Corn Products International, Inc., a leading worldwide supplier of sweeteners, for a transaction value of approximately $4.8 billio... :: Our Bureau has already reported about several success stories from India. It is time, to present a German success story to the Indian and international readers: Bionade, a drink hunted nowadays by many imitators. Bionade is both the company name an... :: M. A. Winter
The Indian Dental Association (IDA), an authority on oral healthcare in India, has awarded the prestigious IDA Seal of Acceptance to the world’s largest sugar-free chewing gum brand, Wrigley’s Orbit. This makes Wrigley’s Orbit the first and only sugar-free che... :: Our Bureau
On Friday, the Ministry of Finance has announced the annual rate of inflation for the week ending June 28, 2008, which stands at 11.89%, based on the wholesale price index.. The rate was marginally higher than the rate of 11.63 per cent reported a week earlier... :: Our Bureau
Fast food joints have always been popular with the people of all age groups the world over. Bembos, a Peruvian fast food restaurant, is the newest kid on the block, to enthrall Indian taste buds with exotic South American burgers. After opening the first two... :: FII-Reporter
The Food and Agriculture Organization of the United Nations (FAO) has just released a forecast according to which the world cereal production would increase by 2.8% in 2008 to a record 2 180 million tons. The increase in wheat would be 8.3%, thus reaching 658.... :: Our Bureau
ndia’s top retail chains - Reliance Retail, Subhiksha, Landmark, Fab India and Select Citywalk - the first two among them in the food retailing business, want to dispel the impression that modern retail chains would pose a threat to the small ‘mom & pop’ stor... :: Our Bureau
Grupo SOS, brand leader in olive oils from Spain, has announced to acquire the Bertolli olive oil and vinegar business from Unilever for a consideration of €630 million. The transaction, which would be structured as a worldwide, perpetual licence by Unilever ... :: Our Bureau
Through the deal, Co-op is cementing its position as fifth largest food retailer in UK, and will achieve a market share of approximately 8 per cent. Peter Marks, Chief Executive of the Co-operativ... :: Our Bureau
Kraft Foods Inc., the largest U.S. food and beverage maker, reported a second-quarter profit rise of nearly 4 percent on Monday, saying higher prices helped offset rising commodity costs. Net revenues in the second –quarter increased 21.4% to $11.2 billion. T... :: Our Bureau
FMCG major Dabur India has reported a growth of more than 25 per cent in standalone net profit of Rs 70 crore for the first quarter ending June 30, 2008, as compared to the same period in the previous year. Net sales were up by 12.8% to Rs 524.17 crore (appro... :: Our Bureau
Bharti Wal-Mart, a joint venture between Bharti Enterprises and US-based retail giant Wal-Mart stores, would commence its wholesale operations by early next year from the northern region, Bharti Wal-Mart CEO and Managing Director Raj Jain said at a CII confere... :: Our Bureau
Barry Callebaut, one of the world’s leading manufacturers of high quality cocoa and chocolate products, has announced the opening of its first, state-of the art, Chocolate Academy in Mumbai, India, which is targeted to strengthen relationships with chocolatier... :: Our Bureau
ITC Foods has announced plans to bring its frozen foods to the domestic market within the next six to eight months. The frozen foods including meals packaged in trays and snacks would be marketed under the Kitchen of India brand. ITC recently began exporting ... :: Our Bureau
The food business in India is growing, thanks not only to rising incomes, but also because of improved retailing which make it possible that food products meet the consumer. At the same time, in India like elsewhere in the world, there is a growing consumer de... :: Our Bureau
One of the attractive food segments in India is the dairy sector which has been entered some time ago by Yakult Danone India Pvt. Ltd., an Indian joint venture of giant Danone group from France with Japan’s Yakult. FII spoke to Shefali Sapra, General Manager, ... :: FII-Reporter
India sees a wave of new restaurants being opened. One of the latest entrants into the sector is Bembos, a fast food chain from Peru. The companies head for staff training is a lady from Peru, Ms. Erika Bailon (EB), who is staying now in India for almost three... :: FII Reporter
India saw a delegation in these days from the German state Rhineland Palatinate. Among the participants who had been holding B2B-meetings in three towns was a German manufacturer of chocolate, WAWI-Schokolade AG from Pirmasens, represented by its President Dr.... :: M. A. Winter
Grocery stores are a one stop shop, fulfilling all daily needs of any locality. For a look into traditional retailing in the times of emergence of supermarkets, FII visited Chittaranjan Park (C.R.Park), New Delhi, a colony once made for “East Bengal Displaced ... :: FII-Reporter
In India, people are experiencing a sudden growth of retail chains, providing quality and quantity of grocery, consumer and household items. However, the pioneer in this sector is Kendriya Bhandar, also known as Central Govt. Employees Consumer Cooperative Soc... :: FII-Reporter
Meat consumption in India is rising steadily as incomes are growing. But the ways and conditions of meat processing and retailing follow a variety of different standards and approaches. To improve the situation, the Cabinet gave now its approval for establishm... :: Our Bureau
IFE-India 2008, the three day food and wine show which was held recently in Delhi, has in fact become a wine show, a fact which the organizers even highlight themselves in one of their rare media releases. The show which had about 225 exhibitors (according to... :: M. A. Winter
India and Canada have signed a Memorandum of Understanding in the field of agriculture and allied sectors to further the cooperation between the two countries. The focus of the MoU would be on technologies, marketing and animal development, the Indian ministry... :: Our Bureau
Wheat flour company Shakti Bhog has announced to launch health foods and ready to eat products by February 2009. In the first phase, the company plans to invest Rs. 50 crores for the processing, packaging and marketing of these products. Shakti Bhog until now... ::
The Government has now launched a Grape Processing Board in Pune, Maharashtra. The Minister of Food Processing Industries, Shri Subodh Kant Sahai, said that this board would provide a platform for the advocacy of Indian Wine Sector. The Board will promote coop... :: Our Bureau
Soon after the Cabinet gave its approval for the establishment of “National Meat & Poultry Processing Board” under the guidance of the Ministry of Food Processing Industries, the Cabinet Committee on Economic Affairs (CCEA) has now approved the proposal of the... :: Our Bureau
India is all set to be embraced by the Italian giant Licata, with their lines of vegetables and seafood preserves branded as “Villa Reale”. For more than 20 years, the Licata Company has been producing high quality traditional Sicilian foodstuffs and fish, fol... :: FII Reporter
In a time when the market leaders in various beverage segments come out with new products almost every fortnight, there are also new companies entering the promising fields. One is Vihaan Natural Healthcare Pvt. Ltd., a company start-up from Mumbai which is de... :: FII Reporter
Two Central Public Sector Undertakings have contracted 64,000 tonnes of pulses since 1st April this year, the Ministry of Consumer Affairs, Food & Public Distribution has informed. MMTC has contracted 35,000 tos and PEC 29,000 tons. The contracted pulses woul... :: Our Bureau
The total import of sensitive items for the period April-March 09 has been Rs.45877.3 crore (approx. 7.6 bn Euros) as compared to Rs.35919.3 crore during the corresponding period of last year, the Ministry of Commerce & Industry has informed in a release. The ... :: Our Bureau
India and Brazil are not only strategic partners but natural allies. This was, according to Confederation of India Industry (CII), the unanimous voice of a recent Brazilian industry delegation coming to Mumbai to promote trade and investment. CII in associati... :: Our Bureau
The India- MERCOSUR Preferential Trade Agreement has come into effect from 1st June, 2009, the Ministry of Commerce has announced. MERCOSUR is a trading bloc in the Southern part of South America, comprising of Argentina, Brazil, Paraguay and Uruguay. It was ... :: Our Bureau
Jain Irrigation, irrigation specialist and supplier and exporter of dehydrated vegetables, fruit pulp and puree, plans to expand the profile of dehydrated vegetable business by adding carrot, capsicum, green peas and leek following good export orders for dehyd... :: Our Bureau
US-based agro-business giant Archer Daniels Midland Company (ADM) is expanding in India. The Foreign Investment Promotion Board (FIPB) has just cleared a proposal for setting up an Indian entity through a subsidiary in Mauritius, the Ministry of Finance has i... :: M. A. Winter
US Secretary of State Ms. Hillary Clinton on July 19 visited the Indian Agricultural Research Institute at Pusa in the state of Bihar where she was welcomed by the Union Minister of Agriculture, Consumer Affairs, Food and Public Distribution, Shri Sharad Pawar... :: Our Bureau
The Government of Tamil Nadu is in the process of setting up terminal markets in Chennai, Coimbatore & Madurai for storing, marketing and selling of agricultural produce. This information was given by Mr. Veerapandi S Arumugam, Minister for Agriculture, Govern... :: Our Bureau
Markting people always have the task to create awareness about products in a target group. In the case of cheese and wine we all know that quite a few countries have nice products for the growing Indian middle class which has discovered the Western taste. One ... :: Our Bureau
Can-Pack Group, a beverage and food packing group based in Poland, will invest another Rs 5 - 6 billion to ramp up its production capacity from 650 million cans to 2 billion cans annually over the next four years in India, media reported. The company manufactu... :: Our Bureau
Giant conglomerate ITC has reported an increase of +33% of profits from operations for the quarter which ended 30th September, 2009, with increases of pre-tax profits of +26% and of post tax profits in the same height of +26%. In the report with financial re... :: Our Bureau
“The FMCG sector seems to have finally joined India Inc's growth party by posting surprising double-digit growth in sales resisting the aftermaths of the downturn”, industry association Associated Chambers of Commerce and Industry of India (ASSOCHAM) says in a... :: Our Bureau
A potato variety is dedicatetly mentioned in the agreement of the three parties CDU, CSU and FDP which will form the new German government. "Cultivation of the genetically modified starch potato Amflora for a commercial, industrial use will be supported", the ... :: Our Bureau
The National Meat and Poultry Processing Board under the aegis of Ministry of Food Processing Industries is organising the first National Level Conference “Meat and Poultry processing Industry in India - Potential and Challenges”, an Exhibition-cum-Training on... :: Our Bureau
Fast food chain ChicKing Fried Chicken has plans for a total of 200 global outlets, including 100 in India, by 2012. This was told by A K Mansoor, NRI businessman and Managing Director of the company to reporters when opening the 16th Indian outlet at Aluva re... :: Our Bureau
The last week of October witnessed the Bordeaux Wine Master Class by L’Ecole du Vin de Bordeaux, a sort of wine college, in three major cities New Delhi, Bangalore and Mumbai. The campaign was organised by Sopexa India and financed with the assistance of the E... :: FII-Reporter
METRO Cash & Carry India Private Limited, a subsidiary of Germany-based Metro AG, has decided to invest US$ 180 million for setting up 6 wholesale centers in different locations in Northern Indian state of Punjab like Ludhiana and Jalandhar by 2010, media have... :: Our Bureau
The International Food & Drink Expo India 2009 by British Tarsus Group has opened its gates today in hall 11 of Pragati Maidan in New Delhi. The fair has many exhibitors of wine, but also of meat, fruits, ready-to-eat food, and other food products. According ... :: M. A. Winter
India has set up two programs which provide subsidies to farmers for cultivating horticulture products including olives. This was explained by Prof. K.V. Thomas, Minister of State for Agriculture, Consumer Affairs, Food and Public Distribution in written reply... :: Our Bureau
Some exhibitors at last December food fair in Delhi – IFDE 2009 versus IFE 2008 – did not receive many visitors, but this was different for the impressive stall of the Òpera Consortium. Whenever visitors were passing by, a big crowd was on the stall observing ... :: FII-Reporter
For a double growing country like India - growth of income and growth of population - food is always an issue, especially the level of processing of fruits & vegetables. The Ministry of Food Processing Industries has now informed that the level of processing ... :: Our Bureau
It was a defense fight, which the whole British nation up to the government busy: The traditional company Cadbury did not want to be taken over from the US group Kraft - until Kraft increased its offer. The new offer evaluates Cadbury with 840 pence for each ... :: Our Bureau
Representatives of nearly 40 nations will participate in the 10th World Spice Congress scheduled to be held in New Delhi during Feb 3 to 5, 2010. The theme of the 10th Congress is “Global Concerns .... India’s response”. The World Spice Congress is a bi-annu... :: Our Bureau
Global food and beverages giant PepsiCo will invest 200 million dollars in India to increase its base in the country. The investment would be into products, manufacturing plants and agriculture, PepsiCo chairman and CEO Indra Nooyi was telling media recently ... :: Our Bureau
The Economic Survey 2009-10 has called for addressing the challenges of the agricultural sector through comprehensive and co-ordinated efforts. Renewed attention needs to be paid to improving farm production and productivity, better utilisation of agricultural... :: Our Bureau
In order to promote inclusive growth and enhance rural income, the Government has lined out a four pronged strategy in agri sector as part of the general budget 2010-11. As informed by Shri Pranab Mukherjee, Union Finance Minister, while presenting the Union ... :: Our Bureau
The Union Budget this year has aimed to focus on inclusive growth and insuring food security. These concerns for aam aadami have gone hand in hand with credible measures for improving investment climate, strengthening infrastructure and fiscal consolidation, M... :: Our Bureau
Despite being the world’s largest producer of milk, India will face a milk shortage if the production cannot be increased to the level required. This is the message of Amrita Patel, ceo of the National Dairy Development Board (NDDB) when delivering a keynote ... :: Our Bureau
Groupe Danone has begun test-marketing flavoured milk in India. The brand, Danone Choco Plus milk, is priced at Rs 15 (25 €-cents) for a 200-ml tetra packs and is being tested in Hyderabad. “Danone intends to undertake a national rollout and launches in oth... :: Our Bureau
China is set to overtake the US for the first time as the largest grocery market in the world by 2014, and India will be on third rank. This forecast was made by IGD, a service provider to the food and grocery sector in a new report. IGD forecasts that the Ch... :: Our Bureau
The projected demand for oilseeds in India is estimated to be 49.35 million tons in the year 2009-10, whereas the production would be only 26.32 million tons, a decline of 3.5 millon tons since 2007-8. So far, the production gap is filled through imports. In ... :: Our Bureau
The text of the Moscow Declaration, signed by the Minister of Agrarian Development of Brazil Mr. Guilherme Cassel, Minister of Agriculture of the Russian Federation, Ms. Elena Skrynnik, Minister of Agriculture, Consumer Affairs, Food & Public Distribution of I... :: Our Bureau
National Cooperative Development Corporation (NCDC) should launch a special and concerted effort to augment storage capacity in the cooperative sector and promote the development of cold storage infrastructure throughout the country in the coming year. This is... :: Our Bureau
US soft-drinks and snacks giant PepsiCo and Tata Tea are exploring the formation of a joint venture in non-carbonated beverages. The JV would cover “liquid beverages, particularly in the enhanced wellness area, but excludes carbonated soft drinks, ambient temp... ::
Once in a while, the Government of India issues a document which combines all earlier regulations about FDI (foreign direct investment) in various sectors. So the new doc from this April clarifies again that FDI is most welcome in areas like floriculture, hort... :: M. A. Winter
The fish sector has a high priority to the Government, keeping in view the immense possibilities in the sector in coming years. This was said by Agriculture Minister Sharad Pawar when inaugurating the construction works of a fishing harbour at Chettuva in Kera... :: Our Bureau
India is the third largest producer of fish and second largest producer in terms of fresh water fish. The fisheries sector is classified as marine, inland and aquaculture. The captured fish consists of 62% of total fish production while the rest 38% is from ... :: Our Bureau
Consumer goods giant Unilever recorded strong sales in the first quarter 2010 due to good business in Eastern Europe, Asia and Africa. 7.6%. more food and personal care products have been sold leading to a turnover of Euro 10.14 billion, an increase of 6.7% ag... :: Our Bureau
The Indian Grape Processing Board (IGPB) on May 8 in New Delhi organized a national conference on "The Indian Wine Sector - Potential & Challenges" to discuss the potential and challenges of the Indian wine industry. Minister of Food Processing Industries, Sub... :: Our Bureau
We are the bee-farm of Manoj Kumar Tyagi in Meerut and are in the honey business since 15 years. From that season, we want to offer our fresh Eucalyptus and Lychee honey for the domestic market and for export. The honey is produced by more than 800 bee coloni... :: Classified Ad
A “Pink Revolution” is at the doorstep which will catapult the meat and poultry processing sector of India to great heights. This is the estimate which has been given by Minister of Food Processing Industries Subodh Kant Sahai, while inaugurating the National ... :: Our Bureau
The creation of a Rs.7,500 crore Corpus Fund to infuse technologies and skills so that processing of meat, fish and poultry production is increased to over 25% in next 2 years. This is demanded by the Associated Chambers of Commerce and Industry of India (Asso... :: Our Bureau
India, along with other BRICs (Brazil, Russia, India and China), is one of the most talked about economic flavours in the business world. With an economy growing at over 8-9% per annum and India tipped to be one of the largest economies in the world in coming ... :: By Satya Joshi
Coca-Cola and PepsiCo have come together along with other beverages makers and bottlers to form the Indian Beverage Association (IBA), which should become the industry’s interface with the government and its rules and regulations. IBA will have several tasks ... :: Our Bureau
The Indian wine industry has been witnessing phenomenal growth in recent years and the proliferation of brands has only led to an evolution in consumer taste. At the same time, the Indian consumers would become more and more discerning, an outcome of the incre... :: Our Bureau
The paper analyses the current scenario in retailing, especially in food retailing and in agriculture, experiences with FDI in other countries, recommendations of other studies, and recommends at t... :: M. A. Winter
Under the chapter head “Issues for Resolution”, DIPP in its FDI discussion paper lists 10 important question blocks for which answers have to be found. We list the questions in the following without any comment. 1. Should FDI in multi brand retail be permitt... :: Our Bureau
Brenntag AG, Germany based market leader in chemical distribution, further expands its market position in the growth area Asia Pacific by acquiring 100% of the shares of EAC Industrial Ingredients Ltd. A/S, a sizeable provider of chemical distribution solution... :: Our Bureau
It has been brought to the knowledge of Food Safety & Standards Authority of India by Food & Drug Administration of Unites States of America that there is a possibility of the entry into the Indian market of some products containing Steroid/ Steroid –like subs... :: Our Bureau
Indian Farmers Fertilizer Cooperatives Ltd (Iffco), one the world’s largest fertilizer cooperative federation, is negotiating with overseas players for setting up an integrated dairy in its upcoming food processing SEZ in Nellore, Andhra Pradesh. According to... :: Our Bureau
"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... :: Our Bureau
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... :: Our Bureau
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... :: Our Bureau
American cuisine was on the agenda when Aditya Bal cooked up delicious American treats at Godrej Nature’s Basket store in New Delhi's Greater Kailash (GK II). The cooking demonstration was organized in an effort to help the ardent food lovers develop a taste ... :: Our Bureau
The Indian fisheries has a third position worldwide in terms of production of fish which is 4.4% of the global fish production, the Ministry for Food Processing Industries informs. The contribution of fisheries sector is 1.10% to the total GDP and 5.3% to the ... :: Our Bureau
The Indian Institute of Packaging (IIP) has announced an International Summit for the Packaging Industry (ISPI). The theme of the Summit, which will be held at Hotel Renaissance, Mumbai, during 1st and 2nd October, 2010, is "Packaging Innovations & Sustainabil... :: Our Bureau
Brazil was the destination of high ranking Indian visitors in September. Sharad Pawar, Minister of Agriculture, Consumer Affairs, Food and Public Distribution visited Brazil with a 13 member delegation. One of the topics was coopeation in ethanole production w... :: Our Bureau
Bosch Packaging Technology, a leading supplier for total solutions in packaging and process technology, is on an expansion course in the growing indian packaging sector. To realize that, the company has recently acquired 33,000 sq. meters of land in Verna Indu... :: Our Bureau
The third edition of the International Hospitality Fair (IHF) opened today at Pragati Maidan in New Delhi. It will be on until Saturdy, 23. October. The event, which is organized by the Confederation of Indian Industry (CII) is supported by the Ministry of To... :: Our Bureau
The manufacturers of food processing and packaging machinery, which also include beverage technology producers, have achieved the turn-round this year. This was one of the important news of Brau Beviale this year. The orders received by the export-orientated i... :: Our Bureau
German food group Dr. Oetker is selling the Onken yoghurt brand to Swiss dairy company Emmi, despite a 'record year for the brand', for an undisclosed sum. Onken specialises in the production of natural and fruit yogurts in 450 and 500 gram pots, which are sol... :: Our Bureau
It is the high season for food and beverage events, and Spain, the number three global exporter of wine, has just held another promotional event. 31 companies from Spain participated on the Second Edition of DISCOVER SPANISH TASTE, the gastronomic exhibition w... :: Our Bureau
India and France on December 6 have signed a Letter of Intent for bilateral Cooperation between the two countries during the visit of Bruno Le Maire, Minister of Agriculture, Food, Fisheries, Rural Affairs and Spatial Planning of the Republic of France. Shri S... :: Our Bureau
The Carrefour Group has finally entered the Indian market with the opening of its first cash & carry store in India in New Delhi under the name "Carrefour Wholesale Cash & Carry”, on Decemebr 30. With a sales area of 5200 sqm, this store located east of New D... :: Our Bureau
In a significant step toward market entry in India, Starbucks Coffee Company on January 13 has signed a non-binding Memorandum of Understanding (MoU) with Tata Coffee Limited, one of the region’s leading providers of premium arabica coffee beans, for sourcing ... :: Our Bureau
Cargill, international producer and marketer of food, agricultural, financial and industrial products and services, has announced that it is expanding its cocoa and chocolate business in Europe through the acquisition of the business of Schwartauer Werke GmbH ... :: Our Bureau
In order to counter the high food inflation, chamber's federation FICCI has suggested a 5-point package of measures, among them are granting of a special status to perishables and horticulture commodities, and allowing FDI in retail. Food inflation has been i... :: Our Bureau
Union Finance Minister Shri Pranab Mukherjee held a meeting with noted economists to get their inputs for General Budget 2011-12. According to the minister, India recovered the growth momentum much faster than most others. In the first half of 2010-11 the Ind... :: Our Bureau
Arun Subhashchandra Yadav took over as Minister of State for Agriculture and Food Processing this week. Earlier, Yadav was Minister of State in the Ministry of Heavy Industries and Public Enterprises. After taking over his new assignment Yadav said that he wou... :: Our Bureau
The Government has adopted Vision 2015 which has suggested the strategy to ensure faster growth of the food processing sector. The Vision 2015 provides for enhancing the level of processing of perishable to 20%, enhancing value addition to 35%. This informatio... :: Our Bureau
The Working Group on Agricultural Production, comprising Chief Ministers of Haryana (Chairperson), Punjab, West Bengal and Bihar, has recommended a number of measures for increasing agricultural production and productivity. Here is a summary of some major rec... :: Our Bureau
In the first half of 2010-11, the farm sector has achieved growth of 3.8%, rebounding from -0.1% and 0.4% in the preceding two years. The full-year growth in farm sector is estimated to be 5.4%. Substantial expansion in area and production of major crops has b... :: Our Bureau
India and the Netherlands are to cooperate in meat and poultry processing in a big way. India has sent a delegation to the Netherlands to the Product Boards Livestock, Meat and Eggs (PVE), to understand the Dutch processes relating to meat and poultry process... :: Our Bureau
India has sought global action to achieve higher agriculture production to meet global food grain requirement. In the meeting of the G-20 Agriculture Ministers held on 22nd and 23rd June at Paris, Agriculture Minister Shri Sharad Pawar stressed the need for co... :: Our Bureau
Organic farming in India is likely to be worth Rs 10,000 crore by 2015 from the current levels of about Rs 2,500 crore, apex industry body ASSOCHAM said in a release. Indian organic food market is growing at a steady rate of 40% annually more so because of a ... :: Our Bureau
Targeting the health-conscious consumers in urban areas, Britannia Industries has launched Vita Marie Honey Oats biscuits, a low-fat, cholesterol-free biscuit brand. As such, the company enters the adult health and wellness food segment, which is said to have... :: Our Bureau
As against the growth target of 4% in the agriculture and allied sector fixed for the 11th Five Year Plan, the average annual growth during the first four years of the Plan Period i.e. 2007-08 to 2010-11 has been 3.2%, the Ministry of Agriculture has reported.... :: Our Bureau
India is processing only very small parts of its production of fruits and vegetables. This old problem was again a topic in the Rajya Sabha. Dr. Charan Das Mahant, Minister of State for Food Processing Industries, explained the background. India is the secon... :: Our Bureau
Olam International Limited, a leading global, integrated supply chain manager and processor of agricultural products and food ingredients, has announced that it has agreed to acquire 100% shareholding of Hemarus Industries Limited (“HIL”) with its 3,500 tons c... :: Our Bureau
Leading international food fair anuga has opened its doors on October 8 in Cologne Germany. Dr. Charan Das Mahant, Minister of State for Agriculture and Food Processing Industries, inaugurated the Indian pavilion at the fair. He is leading the Indian official... :: Our Bureau
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... :: Our Bureau
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... :: Our Bureau
The Ministry of Food Processing Industries has recently awarded a study to Institute of Economic Growth, Delhi, to estimate the current level of processing of perishable food items. According to the Ministry’s Vision Document, based on extensive stakeholder i... :: Our Bureau
India is the second largest producer of fruits and vegetables in the world with 74.877 million metric tonnes production of fruits and 146.554 million metric tonnes production of vegetables for the year 2010-11. This was told to politicians recently by Dr. Char... :: Our Bureau
India wants to participate in the growing international trade of seeds. Therefore, according to Harish Rawat, Minister of State for Agriculture and Food Processing Industries, who spoke in parliament recently, the following measures have been taken to enhance ... :: Our Bureau
The Tamil Nadu Technology Development & Promotion Center of CII and National Research Centre on Meat (NRCM) are jointly organizing Meat Tech 2012, one day Conference on Meat Processing Technologies on 8th June 2012 at Hotel ITC Park Sheraton, Chennai, India. ... :: Our Bureau
Bosch Packaging Technology, the leading global supplier of technology and services, intends to acquire Ampack Ammann, located in Königsbrunn near Augsburg, Germany. Agreements to this effect were signed on July 20, 2012. Ampack Ammann develops, manufactures, a... :: Our Bureau
The production of vegetables and fruits in the country is estimated to be 1505.86 and 752.74 lakh tonnes respectively, during 2011-12 as compared to 1465.54 and 748.78 lakh tonnes during 2010-11, Shri Harish Rawat, Minister of State for Agriculture and Food Pr... :: Our Bureau
The Ministry of Food Processing Industries provides financial assistance for expansion of the cold chain infrastructure, Minister of State for Agriculture and Food Processing Industries, Dr. Charan Das Mahant, has informed in Parliament. The initiatives are a... :: Our Bureau
The Gujarat Cooperative Milk Marketing Federation (GCMMF) is planning to open about 10,000 Amul parlours in next three years. The parlours are expected to come up in various locations, including corporate offices, educational institutes or high-street areas. ... :: Our Bureau
Uneducated but street-smart, India’s vegetable vendors are a necessary evil. Looked down upon by housewives who mostly shop from their roadside kiosks or carts, these vendors are about to begin a new life- as salespeople at Reliance Retail, India’s fastest gro... :: Our Bureau
The Tata Group has reportedly indicated it is looking to set up supermarkets in the country alongside Australian retail giant Woolworths. While some reports indicated that it could be a joint venture, others said both may retain their individual brands but di... :: Our Bureau
Reliance Retail has entered the dairy sector with the launch of its liquid milk brand called ‘Dairy Pure’. The milk was test launched in Hyderabad earlier this week. Available across 43 Reliance Fresh stores in Andhra Pradesh, the liquid milk branded Relianc... :: Our Bureau
Kraft Foods, the world's largest cookie maker, may launch its international biscuit brands in India. The company is looking at launching biscuit brands Oreo and Ritz, chocolate brands Toblerone and Milka, instant coffee brand, Maxwell Coffee House and the cere... :: Our Bureau
Buoyed by the better-than-expected response to its Pizza chain, Dominos plans to double its Pizza serving outlets from 148 at present at an investment of over Rs 220 core within the next 2-3 years. The CEO of its India operations, Ajay Kaul was quoted as sayin... :: Our Bureau
Planning to give stiff competition to both high-end retailing as well as mom and pop stores, India’s Future Group has announced the setting up of 1,500 “fair price” shops over the next two years. To be called KB’s Fair Price shops, the shops will sell brand... :: Our Bureau
The smaller retail formats, known as “Aunt-Emma-Shops” in Germany, will return in the near future, because of convenience and other factors, says a new study by consultancy firm McKinsey. The findings may have some relevance also for India. Consumers have bee... :: By M. A. Winter
Carrefour of France, second largest retailer of the world after Wal-Mart, has announced its withdrawal from Switzerland and the sale of its stake to Coop. Carrefour and Swiss warehouse group Maus Frères are jointly operating 12 hypermarkets under the roof of a... :: Our Bureau
Hundreds of farmers in Lucknow have protested on Tuesday against the closing of Western-style supermarkets and demanded the reopening. Several supermarkets in various cities had been closed last week after an order had been issued by the goverment of UP. The m... :: Our Bureau
Reliance Retail (RRL) has posted a net loss of Rs 10.9 crore in the first year of its commercial operations, the latest annual report of RIL says. The loss was on a total income of Rs 259.85 crore. The loss has dampened the spirits of India’s retailing compan... :: Our Bureau
After Rajasthan, Kerala became the second state in India to impose a special tax on goods sold through big retail chains. The move is seen as a populist measure to protect mom and pop stores and small farmers at the cost of big retail chains which are spreadi... :: Our Bureau
The Uttar Pradesh government will launch a vegetables and fruit retail chain run by the state Horticultural Cooperative Marketing Federation (HOFED). Fourteen retail outlets are likely to launched this month. Local newspapers, quoting UP officials and politic... :: Our Bureau
For cheese lovers, the retail boom in India has done something good, as modern retail has provided consumers with access to products which they could earlier not get. Take the case of Choudhery Cheese Bazar from New Delhi. For more than 25 years, this compan... :: M. A. Winter
Vijay Mallya’s United Spirits Ltd (USL) is set to launch designer liquor stores or ‘destination outlets’, called Spiritz & More. The first store scheduled to open in Bangalore later this week, is expected to spawn similar stores by other spirits, beer and wine... :: Our Bureau
After United Spirits entry into branded liquor retailing, Diageo, which owns Johnnie Walker Scotch and Smirnoff Vodka brands in India, unveiled its first “Johnnie Walker Select” store in Mumbai. This will be followed up with 20 similar stores in various parts ... :: Our Bureau
Reliance’s non-vegetarian retail chain, “Delight” is facing the anger of fishermen who fear that this neat and clean store, alien to meat retailing in India, will affect their livelihood. Delight stores were opened in Andhra Pradesh state just last months, as ... :: Our Bureau
A recent CII retail conference highlighted the human resources aspects in Indian retailing. As retailing is expanding quickly, people are needed. The question is where the people should come from, when today already there is wide talent gap in combination with... :: FII-Reporter
Astonishing insights about Indian real estate costs were presented to the participants of the recent CII Retail conference by Tim Eynon, multi-entrepreneur and director, in his capacity as Chief Executive Officer of Prozone Enterprises (Pvt) Ltd., a Shopping C... :: FII Reporter
Tesco Group, Europe’s second largest retailer with sales of sales of £51.8 billion (approx. €65 billion) in the year to February 2008, has reconfirmed to be in talks with an Indian partner to enter the Indian market. Media had reported that Tesco would be in ... :: M. A. Winter
The expanding wholesale & retail trade sector has demonstrated a Net Employment Outlook of 30% in the third quarter of 2008, employment services company Manpower has found out in the latest employment outlook survey. The result can be regarded as a substantiat... :: Our Bureau
Tesco Plc from UK, the world's third largest retailer, has finally announced plans to set up a wholesale cash & carry business in India, and at the same time, a deal with Tata Group’s retailing subsidiary Trent. For the development of the cash & carry busines... :: Our Bureau
The global recession and downturn in travel took a heavy toll on the travel retail industry, says a new Duty Free/Travel Retail Report by British data supplier ISWR. It reveals that global travel retail wines and spirits sales fell by 9.3% in 2009 to 22.7 mill... :: Our Bureau
Global retail theft has shown a 5.5% decline from the previous year, but India tops the list in the ‘retail shrinkage’ rate. This is a result of a study sponsored by Checkpoint Systems, which monitored the cost of shrinkage (loss from shoplifting, employee cri... :: Our Bureau
Industry organization CII is organizing a double conference on February 2 in Mumbai about retailing and about Fast Moving Consumer Goods (FMCG). The National Retail Summit 2011, subtitled "Modern Retail: Driving Inclusive and Profitable Growth" will be follow... :: Our Bureau
FDI in Multi-Brand Retailing is still an open issue in India. Jyotiraditya M Scindia, Minister of State for Commerce & Industry, has infomred about the status of discussion in the government. The existing policy allows for 51 % Foreign Direct Investment (FDI)... :: Our Bureau
After years of missing political consensus, the government is considering now allowing foreign companies to completely own single-brand retail stores in the country. At present, only 51% foreign direct investment, or FDI, is allowed in singlebrand retail and... :: Our Bureau
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... :: Our Bureau
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... :: Our Bureau
The Government has notified the cabinet/CCEA decisions on FDI in single brand retail, multi brand retail, civil aviation, broadcasting sector and power exchanges. The decisions were taken in the Cabinet and CCEA meetings on September 14, 2012. According to th... :: Our Bureau
The consultations with key stakeholders regarding FDI in multi-brand retail trading brought out views both for and against FDI in multi brand retail trading, Ministry of Commerce has summarized the earlier discussions. On balance, however, the discussions gene... :: Our Bureau
The UB group may introduce lounge bars as a new format where it will sell multi-branded merchandise. The group may open about 25 stores in 2007. The investment for each store would be nearly Rs 8-10 crore. Vijay Rekhi, MD, UB's United Spirits, said the comp... ::
Coffee outlets might have been an example for tea manufacturers. Companies like Wagh Bakri group and Jivraj Tea are planning to build a chain of tea bars in Gujarat to make the high quality tea avalilable to the local consumer. They will serve not only tea, bu... :: Our Bureau
US-based coffee retailer Starbucks has filed a revised application with the Foreign Investment Promotion Board for a market entry into India. Starbucks would go the franchise route, sources said, and may open upto 100 oulets already in early next year. The ea... ::
The mango season is on, and with it the time of supplier selection and export orders. Mango farms in Gujarat are receiving visitors to taste and test their Kesar mangos, a mango variety grown there which has received already international awards. Export orders... :: Our Bureau
Associated British Foods plc (“ABF”) the international food, ingredients and retail group has announced on May 29 that it will acquire the business of Patak’s from the founding Pathak family. Completion is subject to a number of conditions, including regulator... :: Our Bureau
Coca Cola India has said it may source orange pulp for its recently launched juice drink 'Minute Maid Pulpy Orange' from the domestic market. "We are quite keen on sourcing the orange pulp and orange concentrate from India itself for our domestic market," Coca... :: Our Bureau
Delhi will get India's first Starbucks store by October. The American coffee chain plans to set up five stores in the capital. It hopes to open the Delhi store in October. The coffee retailer's application to the Foreign Investment Promotion Board (FIPB) was... :: Our Bureau
Apeejay Tea Group is planning to introduce new tea brands by the next year. Presently the group has a total of 17 gardens under two companies, namely, Apeejay Tea Ltd and Empire & Singlo Tea Ltd, producing about 21 million kg (mkg) of teas annually. Right now... :: Our Bureau
Major fresh vegetables exporters like Bharti’s FieldFresh and Reliance have made a lot of marketing efforts to place their produce directly in stores in the EU, UK and US, thus saving also on agency costs. In places like London, they sell mangoes, okra or litc... :: Our Bureau
As expected already in the last weeks, the Government of India has withdrawn the additional customs duty on imported spirits, wines and beers on July 3, and has thus made a first move in a dispute about high duties on spirits and wines with the European Union,... :: By M. A. Winter
Keggfarms Pvt Ltd, breeders of the genetically enhanced 'Kuroiler' chicken, has launched a premium line of eggs called 'Keggs'. They are from specific lines of the genetically selected Keystoine Golden birds reared on vegetarian feed. "There is a huge potenti... :: Our Bureau
Starbucks was growing in the last financial quarter by 20% mainly through opening of new outlets, but has also put India plans on hold. Starbucks has published the financial results for its fiscal third quarter ended July 1, 2007. According to that, company... :: Our Bureau
Brown-Forman Corp., manufacturer of the iconic American whisky brand, Jack Daniels sees sales in India doubling over the next 5 years contributing 3 percent of its annual income, a top official said. "The Indian market is extremely important for us. It is ... :: Delhi Bureau
Drinking wine is a relatively new habit in India, compared to the consumption of other alcoholic beverages like whisky or beer. India is the biggest market for whisky in the world, but regarding wine, the market is quite small, but very promising. There are so... :: By M. A. Winter
SABMiller, second largest brewer in the world, and the Canadian brewery-group Molson Coors Brewing have announced that they want to combine their operations in the U.S. and Puerto Rico in a joint venture called MillerCoors. The new company should be a stronger... :: Our Bureau
Recently, did an interview with Lord Karan Bilimoria, founder and CEO of Cobra Beer, one of the fastest growing beer brands in UK. Cobra beer was now present also at anuga, and took the chance to visit their stall an... :: By M. A. Winter
Whereas in India discussions are on about the model-APMC (Agricultural Marketing Produce Committee) which should facilitate direct buyer-seller interaction in Indian agriculture, and about the possible role organised retail could play as marketing arm for trad... :: Our Bureau
Scotch whisky makers Diageo and Groupe Pernod Ricard have dropped prices of their key brands such as Johnnie Walker and Chivas Regal respectively by 10-30% ahead of the Diwali festival week making them about 30%-50% above the price of the costliest Indian whis... :: Delhi Bureau
The Coffee retailing sector in India is booming today, with several companies active in the market. Some are local entities, some have come from abroad and have tied up with local companies, and some seem to prepare themselves for an entry sooner or later. The... :: By M. A. Winter
Goldstar Impex is a young Indian wine importing and distributing company under the leadership of Sanjeev Arora, who is actively promoting his import range of wines from France and Spain. Among them are the wines from Maureen Kerleau. Mme. Kerleau is very acti... :: M. A. Winter
From an agricultural country like India, which is the biggest milk producer of the world, observers would expect that also a huge variety of cheese is produced. But besides paneer, which is even not a cheese for the European tongue, the supply is quite small. ... :: M. A. Winter
The Indian wine market was growing heavily in the last years, imports saw huge growth rates, and so wine was made a main topic of IFE. Predominantly, French and Italian wines were displayed and could be tasted, but also wine from Australia and other countries.... :: M. A. Winter
Designer packaging, refrigerated transportation, temperature-controlled storage and attractive display of different varieties of cheese are part of the emerging market strategy of cheese producers in the face of an encouraging upward trend in the consumption o... :: Vincent Van Ross
Metro’s performance in the last year was well above the general expectations of a difficult retail business in Europe. Germany’s leading supermarket operator and wholesaler has reported a 10.0 % growth in 2007. Sales rose to € 65.9bn ($97.4bn) from € 59.9bn a ... :: Our Bureau
Dalmia Continental Pvt. Ltd. (DCPL), so far known as an olive oil company, has announced a new business. With immediate effect it would import Clausthaler beer from Germany to India and distribute it over its nationwide distribution system. Clausthaler is a v... :: M. A. Winter
Bangalore-based United Pizza Restaurant Pvt Ltd, the owner of pizza restaurant chain called US Pizza, has received an investment commitment of Rs 500 crore (€90 million) from Mumbai-based Kotecha Capital Services Ltd. which is promoted by former stock trader N... :: M. A. Winter
“An election budget. 60000 Cr debt waiver for farmers and tax relief for almost all individuals – No increase in duties and taxes – cheaper small cars and scooters and Cornflakes – No increase in petrol prices – what more could one expect as handouts. No sho... :: Our Bureau
Jägermeister, the German herbal liquor, is on a success tour around the world. Company Mast-Jägermeister Incorporated has just announced the figures for the last financial year 2007. According to that, the company expanded further in 2007, achieving another re... :: M. A. Winter
The chocolate guys from Sunstar Confection & Trading, Mumbai, the exclusive distributors of Lindt chocolate of Switzerland, had made up a nice stall at Aahar which looked like a preparation for a Christmas party. Chocolate all around. Having the three main In... :: M. A. Winter
One of the star attractions at AAHAR 08 was the Tushar and Delta group stall exhibiting bakery and Gelato ice cream ingredients. The group imports the best quality ingredients for breads, ice creams, cakes and chocolates from different parts of the world to pr... :: Our Bureau
In a move that will bring cheer to olive oil producers and consumers, the Indian government has reduced the import duty on olive oil to 7.5% which is expected to reduce the retail price of olive oil by up to 15%. Customs duty has been reduced from 45% for virg... :: Our Bureau
A year after Tata Tea had acquired about 32 percent in the Mount Everest Mineral Water Company with its natural mineral water brand "Himalayan", the brand was relaunched last week in a newly designed bottle. The new Himalayan natural mineral water’s simple b... :: Our Bureau
The recently released report of ICRIER about the impact of modern retailing on the unorganized sector deals also with the future dimensions of modern retailing in India. FII provides a summary of the main forecasts. The consuming class consisting of the “asp... :: Our Bureau
There has been a considerable increase in the supermarket culture in India lately. With the coming of big players into the retail sector, there has been a stiff competition to out show each other. The most important aspects to prevail in any competition are ef... :: FII Reporter
Wipro Technologies' founder and chairman Azim Premji has invested around Rs 230 crore through his private investment firm ‘Zest Investment Pvt Ltd’ to acquire a 10 per cent stake in one of India’s largest retailer Subhiksha, which is active with supermarkets, ... :: Our Bureau
A recent study organized by industry association Assocham forecasts that 315 hypermarkets will come up in most of tier I and tier II cities by 2011 and sell all kind of articles from automobiles to needles under one roof. According to Assocham, organized reta... :: Our Bureau
German supermarket giant Metro is to double its number of cash and carry outlets in India, as its rivals gear up to take advantage of the fast-growing economy. Henry Birr, Metro vice-president of international affairs, said at a news conference that the compa... :: Our Bureau
The 39th International Sweets and Biscuits Fair (ISM) will open its gates from 1. to 4. February 2009 in Cologne. Organizer Koelnmesse has announced two special exhibitions "New Product Showcase" and "Organic Avenue" which are expected to provide new momentum ... :: Our Bureau
The Indian market for energy drinks is in the focus of various companies. Dominated so far by Red Bull from Austria, other brands have been introduced already, one of them being “Fighter”. FII spoke to Saby Sabarwal, Director of V. K. G. Management Services (P... :: M. A. Winter
India's Bharti group and Wal-Mart, the world's largest retailer, opened their first cash-and-carry joint venture in Amritsar on May 30. The stores will be run under the brand name of Best Price Modern Wholesale. An initial investment of $7 million has been an... ::
The Indian beverage market offers hot options. So Dabur, the pioneer and one of the market leaders in the packaged fruit juices market, has recently launched a new drink which is called “Real Burrst”. This drink is a light fruit beverage with 4 flavors– Mixed ... :: By M. A. Winter
It is the Raksha Bandhan season again. Brother and sisters celebrate, and it is at that occasion that also sweets are consumed more than at other days. Raksha Bandhan is a Hindu festival, which celebrates the relationship between brothers and sisters. It is c... :: Our Bureau
After opening its first store in May last year in Amritsar, Bharti Wal-Mart Private Limited – a joint venture between Bharti Enterprises and Wal-Mart Stores Inc for wholesale, business-to-business, cash-and-carry and back-end supply chain management operations... :: Our Bureau
In times when consumer spending and retail sales are declining in home markets, global expansion to emerging markets becomes an important strategy for growth. Unlike most developed markets, GDP in emerging markets is expected to continue to grow, and populatio... :: Our Bureau
Kirana stores and local retailers would remain the most preferred destinations for majority of the shoppers across the country as compared to sprawling shopping malls as they provide for cheaper purchases to an extent of 25% and also offer options for avoidanc... :: Our Bureau
In the following, FII is providing a summary of the discussion paper by DIPP about the “Issue of Discussion Paper on Foreign Direct Investemt (FDI) in Multi-Brand Retail Trading” with the most important points. The discussion paper starts with the present sce... :: Our Bureau
In a recent move, the Lieutenant Governor of the National Capital Territory of Delhi has issued some new rules to amend the Delhi Liquor Licence Rules, 1976, mentioning “since it is considered that they should be brought into force”. According to that, “Retai... :: Our Bureau
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... :: Our Bureau
Apex chamber ASSOCHAM has called for the next level of economic reforms with emphasis on skill development, modern technology in agricultural sector, foreign direct investments to boost manufacturing and healthcare for all citizens. With eight to nine per cen... :: Our Bureau
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... :: Our Bureau