Market
Non-alcoholic beverage market to reach Rs 11k crore by 2015
The non-alcoholic beverage market in India is likely to reach Rs 11,000 crore mark by 2015, industry body ASSOCHAM said. [Read more...]
Can Starbucks brew instant success in the Indian market?
India is ready for Starbucks, but is Starbucks ready for India? A media report on Monday said that Starbucks, the world’s largest coffee chain company, and the Tata group are close to finalising an equity joint venture for opening coffee shops across the country. [Read more...]
Indian Soft-Drinks Market To Double By 2015
India’s non-alcoholic drinks market is set to grow by 20 percent per year between now and 2015, according to a report by The Associated Chambers of Commerce and Industry of India (ASSOCHAM). [Read more...]
Industry
Tata Coffee, Starbucks Near Deal for Stores
Indians could soon be sipping cups of coffee and chatting at Starbucks outlets, as the U.S. chain sets out to perk up global sales by making a long-awaited entry into one of the world’s [Read more...]
McDonald’s goes hi-tech to attract young customers
With an aim of wooing young customers in India, fast food chain McDonald’s is getting into the digital domain by launching applications for mobile phones and computers which will enable [Read more...]
Buffett co talks to Rel Retail for India foray
Billionaire investor Warren Buffett’sBerkshire Hathaway wants a big scoop of India’s consumption story. Berkshire-owned Dairy Queen (DQ), an international soft-serve ice cream and frozen [Read more...]
Investment/Finance
The Indian Food & Beverage Market to Touch US$330 Billion by 2015
Godrej Nature’s Basket set to invest Rs 12 cr, double its stores to 32
Dabur to enter Sri Lanka, invest $15 mn in beverage plant
Taxman at Cadbury door, seeks Kraft deal details
Food Retail in India to touch USD 150 bn by 2025: KPMG
Trends
FMCG firms eye health food market
The rising demand for healthy food among the urban middle class people is attracting many fast moving consumer goods (FMCG) companies to the health food market. Most firms are focussing on breakfast cereal market where profit margins are high and competition is less. [Read more...]Food Processing
Food processing – Key challenges and deliverables for success
Aptly recognised as the ‘sunrise industry’, providing vital linkages between the two pillars of our economy – manufacturing and agriculture – the Food Processing industry in India is undergoing a significant transformation. With a turnover of $110 billion, it accounts for 35 per cent of the Indian food market, and has been growing at a [Read more...]
Corporate
India’s Tata Coffee shares up on Starbucks tie-up report
Shares in India’s Tata Coffee soared nearly 10 percent on Monday after media reports that a proposed tie-up with giant US chain Starbucks will be announced soon. [Read more...]Agriculture
ASEAN, India set up agricultural cooperation
India and ASEAN formed on Saturday a framework of bilateral cooperation in the agriculture sector that would last for at least five years. ASEAN [Read more...]
Food Security
Govt readies draft of food security bill
The government has finally released the draft of the National Food Security Bill, and has put it up for comments till end of September. [Read more...]
Government/Regulation
Features of new rules set by Food Safety and Standards Authority
Till any type of food reaches you, it passes through various norms and checks as food safety is vital to consumers and food business operators. [Read more...]
Export/Import
India may remove restrictions on food exported for aid
While a group of ministers on food is yet to decide on allowing export of onions and other food items, India is likely to endorse a G-20 stand on [Read more...]