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Punjab pull out all stops to enable investments by FMCG majors

FMCG giant ITC Ltd recently announced that it would double its investment in Punjab from Rs 700 crore to Rs 1,400 crore. The company is increasing its investment in the Food Park at Kapurthala, ITC FMCG Businesses President Sanjiv Puri...

Italian Kitchen Equipment Co. Angelo Po Targets 15,00,000 Euros Turnover in Next 5 Yrs

Angelo Po, the 90-year-old Italian company, supplier to professional kitchens across the globe, is targeting revenues worth 15,00,000 Euros from India in the next five years. The company entered India in 2005. Commenting on the expansion plans, Rakesh Tara, Country...

The Indian Packaged Fruit Juice Market

India’s packaged juice market has charted a high growth trajectory, thanks to its easy availability, anytime-anywhere consumption, and convenience. Within the beverages market, the fruit-based beverages category is one of the fastest growing categories, and has grown at a CAGR...

Fruit-based Beverages, Fastest Growing Category

India’s packaged juice market has charted a high growth trajectory, thanks to its easy availability, anytime-anywhere consumption, and convenience. Within the beverages market, the fruit-based beverages category is one of the fastest growing categories, and has grown at a...

ITC tries new lifestyle retail formats, to open 25 new stores

Diversified business group ITC Ltd is experimenting with new formats to drive growth of its apparel retail chain Wills Lifestyle.The company is opening up specialty stores such as ‘menswear only´ and ‘boutique stores´ to offer more premium range, apart...

FDCI launches model hunt

Aspiring models converged in the capital recently to participate in this season’s national model auditions for Wills Lifestyle India Fashion Week (WIFW) Spring/Summer 2011. Hosted by Fashion Design Council of India (FDCI) in association with venue partner F Bar...

PepsiCo enters biscuit segment; launches brand Aliva

After Kurkure’s breakthrough success, Frito-Lay India, the food division of PepsiCo India has now forayed into the 1,500 million tonne biscuit category in the domestic market dominated by Parle, Britannia and ITC Foods. The group has recently launched Aliva...

Companies finding rural markets increasingly attractive: Assocham

Demand in India's urban areas may be dwindling, but leading industry group Assocham said the hinterland is becoming increasingly attractive for manufacturers of consumer products and automobiles, as well as organised retail businesses, according to a company press release. The...

ITC to expand its spices business

ITC is looking to expand its spices business in a big way. The company is planning to set up modernised processing infrastructure in Rajasthan for grading, sorting and cleaning of seed spices like cumin, coriander and pepper, reports ET. The...

ITC aggressive on expansion — target 140 stores

With the target of 140 retail destinations across 54 towns, ITC has chalked out aggressive expansion plans for next few years. According to S Sivakumar, chief executive, ITC agri-business division, the company plans to open 140 Choupal Fresh stores in...
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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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