India’s food inflation rate slipped slightly in the week to July 24 as vegetable and fruit prices eased, cooling expectations of aggressive monetary tightening by the central bank.
Chairman Board of Management Agro Food Processing Facility (AFP) and president Mango Growers Cooperative Society Zahid Hussain Gardezi has said Mango Pulp Plant established by SMEDA Ministry of Industries and Production in Multan for the benefit of the growers would go into commercial production during current mango season.
Convenience food like canned exotic vegetables is making its way into the kitchens of Indian homes in metros and Tier-II cities as working couples find themselves short of cooking time in their lives revving on the speed lane.
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.
Last week the Food and Beverages market were dominated by two major news events: the ban on Bt Brinjal by Indian government and Kraft Foods inviting the wrath of British public following reversal of its decision to maintain Somderdale plant of Cadbury following takeover.
Speaking at the World of Food India convention in Mumbai, Ashok Sinha, secretary of the ministry of food processing industries (Mofpi), said that in the coming few weeks the ministry would bring out a notice containing a proposal to all national and international food manufacturers to set up around 3-4 mega food parks in the [...]
Steady conditions developed on the wholesale dry fruits market in the national capital on Saturday as prices moved in a tight range on small bouts of buying or selling and settled around previous levels.
