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ITC to expand dairy beverages portfolio

Tobaccos-to-hotels major ITC is planning to expand its dairy beverages portfolio to the rest of the country by the next summer and is eyeing a 5-10 percent market share in the first year of operations. According to a PTI report:...

Taste of India: Namkeen industry on the rise

The market for namkeen and snacks in India is about INR one lakh crore. Being a most vibrant sector, it has been witnessing unprecedented growth in the recent past and continues to expand rapidly. Indian consumers seem to have...

Perfetti Van Melle expects to have 25 pc share in confectionery market in next 3 years

Global confectionery major Perfetti Van Melle expects to increase its market share in India to around 25 percent in the next three years, a company official said. According to a PTI report: The company expects to climb the ladder on...

ITC sells brand John Players to Reliance Retail

Conglomerate ITC Tuesday said it has sold its menswear brand John Players to Reliance Retail for an undisclosed amount. According to a PTI report: Besides, the Kolkata-based firm has also transferred the trademark as part of the deal. "In line with...

ITC to invest Rs 1,700 crore in personal care product plant in West Bengal

Diversified conglomerate ITC Limited would invest Rs 1,700 crore in West Bengal towards setting up an FMCG plant and upgrading of existing facilities. According to a PTI report: MD and CEO of ITC Sanjiv Puri said the company's Rs 4,000...

6 consumption trends that will change the future of Indian food industry

Food has always been an integral part of our culture and each region of the country has its unique cuisine deeply rooted to its traditions, lifestyles, religions, climates and agricultural conditions. However, as we are witnessing, each new generation...

ITC net profit rises 3.85 percent in Q3

FMCG major ITC Ltd on Wednesday reported a 3.85 percent year-on-year (y-o-y) growth in its standalone net profit to Rs 3,209.07 crore for the third quarter ending on December 31, 2018 as compared to Rs 3,090.20 crore in the...

ITC eyes Rs 1 trillion turnover from FMCG, plans to expand food portfolio

Diversified conglomerate ITC is looking at portfolio expansion in its food division to achieve the stated vision of the company of achieving Rs 1 trillion turnover from FMCG. “The ambition set by our Chairman and Managing Director of Rs 1...

ITC to invest Rs 550 crore in Odisha for food processing

Diversified conglomerate ITC would invest Rs 550 crore at its food processing plant in Odisha's Khurda district over next 2-3 years while Britannia Industries would pumped in Rs 60 crore of investments at its existing facility in the same...

ITC plans to expand its dairy business portfolio

Diversified conglomerate ITC Ltd is looking to expand its portfolio in dairy segment and plans to launch paneer and milk beverages in the next couple of months, an official said here on Tuesday. The company on Tuesday launched its pouch...
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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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