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Impulse grocery: What convenience stores in India are doing wrong

Leaders from convenience store formats discuss strategies for getting impulse grocery right at India Food Forum 2022 Mumbai: Panelists in a session in India Food Forum 2022 said the convenience store segment is growing rapidly in India primarily driven by...

Sustainable certifications in global seafood trade

Seafood is one of the most important important commodities in terms of value traded globally. In 2014, the value of the seafood economy was estimated at US$140 billion (Rabobank, 2015), with both the primary and secondary seafood sectors supporting...

Retail inflation reaches to 5.76 pc in May on higher food prices

Retail inflation, as measured by the Consumer Price Index (CPI), accelerated to 5.76 per cent in May, driven primarily by rising food prices, making it more unlikely for the central bank to cut rates in the near future. According to...

FSSAI bans use of cancer-causing chemical in bread manufacturing

Taking a proactive move in examining the use of cancer-causing chemicals in bread, Food Safety and Standards Authority of India, has banned the use of potassium bromate in bread manufacturing in India. The authority, however, is still examining evidence...

Shares of ITC's Yippee rise upto 30-40 per cent

Instant noodles Yippee has improved its sales figures as the market shares have come up between 30- 40 percent. "Currently, ITC market share in instant noodle (Yippee) would be between 30 and 40 per cent. Before, (after the Maggi controversy...

India Food Report 2016: A Brief Overview

India Food Report 2016 was released on January 19th by General (retd.) V.K. Singh, Union Minister State for Statistics and Programme Implementation  (independent charge), Minister of State for External Affairs & Minister of  Sate for Overseas Indian Affairs at...

Indian tea takes organized retail route globally, backed by Investor Funds

Even as the burgers, pizzas and Starbucks are catering to the taste buds of Indians, the celebrated Indian tea is developing the retail route globally  as entrepreneurial consultants have positioned themselves as Chaiwalas backed by investor funds. Sharing their...

Govt’s Investor Friendly Initiatives will Triple India Retail Food Market in 4-5 Years

Indian retail food market has the potential to not only double but triple in the next 4-5 years by 2020, aided by the government’s initiative to bring in systemic change, despite resistance, said General VK Singh, PVSM, AVSM, YSM...

Food Consumption in India set to grow and diversify: India Food Report

Indian Food Retail Market, the sixth largest food market in the world, is expected to cross Rs. 35,60,000 crore by 2017 and Rs. 61,00,000 crore by 2020, according to India Food Report 2016. The report compiled by Images Group had...

Hector Beverages to re-launch Tzinga

Hector Beverages, maker of Paper Boat drinks, will re-launch its energy drink Tzinga in the next two months. The drink was was recalled last year on the orders of food regulator FSSAI. "The FSSAI had said that ginseng and caffeine...

Mother's Recipe to double sales from online, launches own e-store

Mother’s Recipe, the packaged food brand from Pune-based Desai Brothers, has launched its e-store. The company said it plans to double its sales from the online channel in about a year's time. From its own platform, the company will also...

Tata Trusts, Mars ink deal to elevate agri development, food safety in India

Tata Trusts and global food major Mars, Inc have signed an MoU to work for advanced agriculture development, address malnutrition and improve food safety in India. The two will also develop methods and tools to increase crop productivity, farm income...

Indian craft beer brand Bira91 raises USD6 mn in Series A funding

Craft beer company B9 Beverages recently announced that it has raised USD 6 million in Series A funding from Sequoia Capital and other marquee investors for its handcrafted beer brand Bira91 (the number stands for India’s country code). Other investors...

Food Processing industry urges 100% FDI in food products retailing

The Ministry of Food Processing Industries has reportedly urged Prime Minister Narendra Modi to consider 100 per cent foreign direct investment (FDI) in multi-brand retail of food products. Union Food Processing Industries Minister Harsimrat Kaur Badal has suggested for a...

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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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