Soft drink majors PepsiCo and Coca-Cola have increased prices of some of their products by up to 20%, giving in to surging input costs at last.
The UK’s Costa Coffee chain has sent a British celebrity chef to the Indian capital, Delhi, to devise spicy snacks as accompaniments to its cappuccinos and lattes.
Developed nations have protocol on such drinks, but no cap as yet. The government plans to put a cap on the caffeine level in energy and sports drinks — a move that may impact the food and beverage majors that promote such drinks.
Kumar Mangalam Birla-controlled Hindalco Industries plans to produce cans for beverages and food giants such as Coca-Cola and PepsiCo from its plant at Hirakud in Orissa. The company has begun dismantling a closed plant of Novelis in Rogerstone, Britain, and intends to ship all key equipment to Hirakud.
As the world’s second biggest processed foods company, Illinois-based Kraft Foods Inc’s $18.9 billion takeover of British confectionery maker Cadbury is finalised after a protracted boardroom battle, Kraft Foods’ finally gets a clean sweep of the only big emerging market it did not yet have a presence in, India.
Much to the relief of implementing agencies like the FDA ( Food and Drug Administration) Maharashtra, the FSSAI (The Food Safety and Standards Authority of India) has proposed to define the limits on the caffeine content in energy drinks, which is linked to several health ailments and addiction among the youth.
Higher food prices and growing input costs are edging out packaged consumer goods from family budgets, leading to slower volume growth for the segment, a decline that industry experts say could continue.
Who wants a cup of tea? It’s not just Britons, old ladies and labourers enjoying a cuppa any more, with the world’s most consumed drink after water getting a make-over and attracting younger, more discerning fans.
A trade body to promote an integrated approach towards agro food-processing sector and achieve coordination among all stakeholders “from the farm to fork” will be inaugurated here on Friday.
McCain Foods India Pvt Ltd, the Indian subsidiary of McCain Foods Ltd. Canada, has introduced a unique product – Masala Fries for the Institutional customers. The product has been introduced at Hosts 2010 being held in Mumbai annually. It is India’s first and largest hospitality tradeshow.
