Union Food Processing minister Subodh Kant Sahai, today said that the food processing sector would have a priority in the forthcoming budget.
Read the rest of this entry »
Here’s a piece of bad news for soft-drink lovers. Your favourite drink will soon become dearer as soft drink majors PepsiCo India and the Coca-Cola Company have both decided to increase their product prices in India by about 20%. The rise in prices will be across the country and will come into effect in a phased manner across regions.
Read the rest of this entry »
Soyabean oil, manufactured from genetically-modified (GM) soyabeans, may very much have become part of the food chain, even as activists and scientists remain engaged in an increasingly ugly debate over the moratorium on commercial cultivation of Bt brinjal, a genetically-modified version of the vegetable.
Read the rest of this entry »
A genetically modified version of eggplant, a staple in fiery curries, was slated to be the first GM food introduced into India in a bid to stabilize food prices and mitigate some of the effects of climate change on Indian food crop yields.
Read the rest of this entry »
The size of the packaged food market in India is estimated at $10 billion and is expected to reach $20 billion by 2014, while the share of packaged food in the food and grocery market is expected to touch 5 per cent by the same time.
Read the rest of this entry »
ndia’s love for peanuts is now such a mega trend that chikki and chivda are bigger money-spinners than groundnut oil, the most expensive traditional cooking oil. The popcorn generation has morphed the peanut from a stodgy oil crop into the nation’s favourite snack food.
Read the rest of this entry »
It has been reported in the Irish press that, Tesco have been asking suppliers to pay large sums of money if they want their products to be kept on the supermarket’s shelves. There have been complaints about other retailers and their demands, but Tesco’s are greater, and suppliers feel ‘bullied’.
Read the rest of this entry »
India has postponed the launch of its first genetically modified (GM) vegetable, saying it would adopt a cautious approach and wait for more scientific studies on the impact of the new variety of eggplant.
Read the rest of this entry »
Beverage and snack foods maker PepsiCo India clocked its highest volume growth in a decade – with its beverage business growing over 32% in calendar year ’09.
Read the rest of this entry »
Smaller food brands are finding it tough to stand out in the clutter. In an effort to get the customer to at least touch and feel their products, such brands, with a pan-India presence, are trying different things, but with the same objective: reach out to the buyer.
Read the rest of this entry »
