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Retail costs involved in brand building

By definition, brand strategy is a long-term plan for the development of a successful brand in order to achieve specific goals. Building a brand and executing a successful retail strategy for it is the top most concern of all...

ITC plans to set up integrated consumer goods plant in UP

Diversified firm ITC plans to set up an integrated consumer goods manufacturing facility in Uttar Pradesh besides exploring investment possibilities in green energy and a logistics hub in the state in coming years. The company has implemented significant interventions in...

The changing landscape of food retailing in India

A joint report by National Restaurants Association of India and Technopak Advisors state that the foodservice market in India is projected to touch Rs 4.98 trillion by 2021. These are no small numbers as in 2016, the market was...

FDI in food processing to touch US $1 bn in FY’18: Badal

The foreign direct investment (FDI) in the food processing sector is expected to rise by 38 percent to US $1 billion this fiscal, driven by recent reforms, Union minister Harsimrat Kaur Badal said. According to a PTI report: Efforts are...

ITC CEO meets Adityanath, proposed Rs 1,100 cr investment

Diversified conglomerate ITC's CEO Sanjeev Puri met Uttar Pradesh Chief Minister Yogi Adityanath on Saturday and gave to him proposals worth Rs 1,100 crore in consumer food items, green energy and for setting up of a logistics hub in...

Budget Special: FMCG cos expect budget to focus on food processing, rural area

In the run up to budget, consumer goods companies are looking for a greater thrust on food processing sector to add value to the agricultural produce, increase in rural wages and reduction in taxes to leave more money in...

ITC net profit up 16.8 pc in Q3

FMCG major ITC Ltd on Friday reported a 16.8 per cent increase in its net profit to Rs 3,090.20 crore in the quarter ended December 31, 2017 as compared to Rs 2,646.73 crore in the year-ago period. On a comparable...

ITC food facility to lift Punjab's food processing sector: CM

Punjab Chief Minister Amarinder Singh on Thursday inaugurated the ITC's new state-of-the-art integrated food manufacturing and logistics facility here, giving a major fillip to the state's food processing sector. Spread over 72 acres, with an initial outlay of approximately Rs...

ITC looks at FMCG segment as growth driver

ITC Ltd sees growth opportunity in the fast moving consumer goods (FMCG) space as it is expanding the portfolios in the segment, a company official said on Monday. "Opportunity is the biggest in the FMCG segment. That is where our...

Doing retail business in India getting easier but land an issue, says Sanjiv Goenka

As India moves up in the Ease of Doing Business ranking, industrialists on Friday said things are getting easier in terms of taking off projects but procurement of land still remained an impediment for large projects. "Lot of measures have...
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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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