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Food and Grocery

NDDB, Amul to provide technical support to enhance milk production in Sri Lanka

This move by Amul is aimed at reducing the cash-strapped country's dependence on imported milk products. New Delhi: India will provide technical support to Sri Lanka to enhance its dairy industry and milk output, a move aimed at reducing the cash-strapped...

India’s $5 trillion economy without formal retail food business will be a distant dream

Post-pandemic, the India Food Forum in its 15th edition received overwhelming response with several food products being launched along with active participation from retailers and food brands Mumbai: India's coveted objective of $5 trillion economy will remain unaccomplished if the...

NDDB, Amul to provide technical support to enhance milk production in Sri Lanka

This move by Amul is aimed at reducing the cash-strapped country's dependence on imported milk products. New Delhi: India will provide technical support to Sri Lanka to enhance its dairy industry and milk output, a move aimed at reducing the cash-strapped...

Nature’s Basket unveils new flagship store in South Mumbai

Located at Nepean Sea Road, South Mumbai, the flagship store is spread across approximately 4700 sq. ft and offers a wide range of first-rate gourmet products. Mumbai: Premium gourmet food retailer Nature’s Basket has opened a new flagship store at Nepean...

Reliance set to acquire METRO Cash & Carry India for 500 million euros

This is going to help Reliance Retail, the country’s largest retailer, expand its presence in the B2B segment New Delhi: Reliance Industries is set to acquire German retailer METRO AG’s Cash & Carry business in India in a deal estimated...

Social commerce platform for fresh produce, Otipy, eyes $10M funding in 2021

Community group buying is revolutionising the grocery e-commerce space in China. Disruptive brands like Furong Xingsheng and Nice Tuan are garnering major traction by cracking the long-standing conundrum around e-commerce for fresh produce and have raised multi-millions in funding...

COVID-19 compels Food & Grocery Industry to re-imagine innovation

It’s been exactly one year since the first Coronavirus case was reported in China, yet the pandemic continues to impact both industries and consumers across the world at an unprecedented scale. Just like other industries, the Fast Moving Consumer...

Why 2017 will be a profitable year for grocery retail to bank on

Modern grocery retailing has come a long way, registering a value growth of 17 per cent in 2016. This increment was stronger as compared to the 10 per cent growth for traditional grocery retailers. The jump in growth has...

Japan's consumer prices decline first time in four years

Japan's consumer prices dropped for the first time in four years in 2016 by 0.3 per cent from a year earlier, the government said on Friday. It shows the country is still grappling with deflationary pressure despite the Bank of...

Expert Speak: It's good days for organized trade in the F&G sector

In the aftermath of the new initiatives by Government – demonetizing the Rs. 500, 1,000 notes – to flush out black money from the economy and check funding of terror activities and other evils, the much awaited achhey din...
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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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