With sales of Rs 6,411.27 crore, or about $1.01 billion by the end of fiscal 2014- 2015, Kolkata-based conglomerate ITC's branded packaged foods business is now the third-largest listed food company in India, following Nestle and Britannia.
Launched in 2001...
For long, home-made masalas, including curries and pastes, have remained an indispensable item in most Indian kitchens. Though their position has more or less remained unchallenged, they have now begun to get some severe competition from ready-to-cook (RTC) curries,...
Manufacturers need to concentrate on broadening the market and increasing penetration among today’s upwardly mobile consumers, who are on the lookout for variety in ready-to-eat foods that are nutritious and offered to them in hygienic and convenient packaging at...
For the time-pressed working woman of modern India, it is virtually impossible to cook an entire meal from scratch, though the desire to whip up a traditional meal for the family has not died.
The complexities of urban life have...
Ravi Naware, divisional chief executive, Foods Business, ITC Limited, will present an ‘India Overview’ at India Food Forum launch session on September 4, at India Retail Forum (IRF) 2007.
Naware graduated as a Chemical Engineer from IIT Mumbai and completed...