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Packaged food market set to rise to USD 50 bn by 2017: ASSOCHAM

The size of packaged food in India is set to witness a quantum jump to USD 50 billion by 2017 from the present level of USD 32 billion growing by a CAGR of 35 per cent due to increasing...

Dabur extends Chyawanprash with sugar-free variant

FMCG major Dabur India has launched a sugar-free version of its popular ayurvedic product Chyawanprash to reach out to increasingly health conscious consumers. "This marks a first for Dabur and for the healthcare industry in India... Dabur Ratanprash in a...

Upto 70 per cent of dietary supplemets in India fake: Report

About 60-70 per cent of dietary supplements being sold across India are fake, counterfeit, unregistered and unapproved, notes a recent study released by Assocham-RNCOS. “The dietary supplements market in India is currently estimated at about USD2 billion and is likely...

Worms found in Ramdev's Patanjali Noodles

Baba Ramdev'a Patanjali Atta noodles, which has generated significant attention lately for its grand launch and promise to raise competition in the market, has found itself in controversy, yet again. Patanajali launches 'atta noodles', to enter childcare, wellness sectors While the...

FAO, IFPRI, CGIAR launch global initiative to contain food waste

The Food and Agriculture Organization of the United Nations (FAO), the International Food Policy Research Institute (IFPRI) and the CGIAR research program on Policies, Institutions, and Markets (PIM) has launched a new initiative to enhance global cooperation on measuring...

Godrej Nature's Basket opens three new stores

Gourmet foods retailer Godrej Nature's Basket has expanded its store footprint with three new outlets, taking the total number of physical stores to 36. The new stores have been launched in Gurgaon, Pune and Mumbai, the company said in a...

Motilal Oswal set to offload stake in Mrs Bector's to Singapore PE fund

Motilal Oswal Private Equity is reported to be close to selling its stake in Mrs Bector’s Foods Specialties Ltd to Singapore-based PE fund CX Partners for an estimated Rs 300-350 crore. The company had acquired 20 per cent stake in...

Can FSSAI get its Act together? Rs 1750 crore fund mooted to boost skill, capabilities at food regulators

Stung by industry-wide criticism over the messy handling of the Maggi controversy as well as serious inherent contradictions and ambiguities contained in the FSSA, the government is now reportedly exploring a Rs 1,750-crore proposal to strengthen central food regulator...

Government steps in to ease food inflation, offloads 20,000 tonnes of pulses

Further to the goverment's moves to counter the skyrocketing prices of pulses, over 20,000 tonnes of pulses out of 1.33 lakh tonnes seized during raids have been offloaded in the market to boost domestic availability and control prices. "As per...

Tata forays into instant coffee category with 'Tata Coffee Grand'

The beverage arm of Tata Group, Tata Global Beverages (TGBL) -- the second largest player in the world in the branded tea category -- has announced a foray into the branded instant coffee category under the brand name Tata...

Kwality Ltd to sell products under 'Kwality' brand name

Dairy firm Kwality Ltd today announced that the company has started selling its products, including milk and curd among others, under the brand name Kwality. Up until now, the company, which is a strong institutional player supplying dairy products to...

Now, UP lab finds Nestle's pasta unsafe

Nestle India has landed in yet another trouble in India after a Uttar Pradesh laboratory alleged that samples of its pasta -- sold under the brand name Maggi Pazzta-- were found to have lead beyond permissible limits. Pasta samples collected...

Grofers raises USD120 mn in series C funding from SoftBank

Gurgaon-based hyperlocal delivery start-up Grofers has raised USD120 million (Rs 800 cr) in latest funds largely from Japan’s SoftBank Corp. Apoletto Asia, the personal investment vehicle of DST Global's partners, Russian billionaire Yuri Milner, and existing investors Tiger Global...

Premium UAE chocolate brand Al Nassma enters India via airport retail

The premium UAE-based camel milk chocolate brand Al Nassma has launched first point of sale in India at Kempegowda International Airport (KIAB), Bengaluru. This will be retailed by Nuance, a travel retail brand that is part of the the Dufry...

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New Balance enters Kerala

The latest New Balance store is located at Lulu Mall, KochiBengaluru: US-based sports footwear and apparel manufacturer New Balance...
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