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Beverages

Bira 91 raises $70 mn from Japan’s Kirin Holdings

The capital will also be utilised to increase Bira 91’s distribution footprint in the domestic as well as international markets.New Delhi: Home-grown craft beer maker Bira 91 on Tuesday said it has raised USD 70 million (around Rs 571.56 crore)...

Tim Hortons plans to open 120 stores in next 3 years

All the Tim Horton stores will be company-owned  and have an investment of Rs 2 crore to Rs 2.5 crore eachNew Delhi: Canadian restaurant chain Tim Hortons plans to open around 120 stores in India in the next three years at an investment...

Coffee exports reach Rs 3,312 cr in Apr-Sep this fiscal

India’s exports of coffee rose to almost two times in April-September 2022 over the same period in 2013New Delhi: The country’s coffee exports almost doubled to Rs 3,312 crore during April-September this fiscal against Rs 1,657 crore in the same...

India’s beverages industry declines in Q4 2020 as consumers remain reluctant to step-out: GlobalData

Despite the Indian government’s efforts to the drive the economic activity, people remain reluctant to travel and dine-out, driving down the ‘on-trade’ volumes of beverages, says GlobalData, a leading data and analytics company.GlobalData’s report, ‘India Beverages Consumption Trends and...

APAC hot drinks sector set to reach US$116.8bn in 2024: GlobalData

The Asia-Pacific (APAC) hot drinks sector is the largest in the world and is expected to reach US$116.8bn in 2024, growing at a compound annual growth rate (CAGR) of 7.7% during 2019-2024. Increased spending power and busy lifestyles are...

Gloria Jean’s Coffees – The world’s ‘Most Loved Coffee’ coming to India!

Rohit Malhotra has been appointed as the CEO of Jay Jay Capital & Investments Pvt Ltd. Plans to open the first Gloria Jean’s Coffees outlet in Bengaluru, India. Rohit Malhotra, who has 23 years of experience in business operations, has...

Why the beverage industry is witnessing skyrocketing success

An overview of the beverages market in India, its current scenario, prospects, outlook for growth, and the challenges The traditional beverages category comprising non-alcobevs contribute 8-9 per cent to the total food grocery market in India. Over the last few decades,...

Fortune Foods declares Q2 results

Fortune Foods, a food and beverage processing company, has announced its unaudited financial results for the quarter ended September 30, 2008. The net sales of the Maharastra-based company stood at Rs 45.27 lakh, a considerable dip from last year’s...

Airport retailing to flourish: KPMG report

The Indian aviation sector is undergoing a turmoil resulting from the global meltdown leading to a subsequent decline in traffic and rise in costs. However, airport infrastructure development (AID) should be given priority by the developers offering enough retail...

SSP opens outlet in IGI

SSP, the world leader in supplying food and beverages in travel locations, has opened its first India outlet ‘Flavours’ in New Delhi’s Indira Gandhi International (IGI) Airport.With this launch, the brand is currently operational in 31 countries covering around...
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Lakshita’s rise: From ethnic wear to fusion fashion

Lakshita has combined innovation, customer care, and quality to grow in the competitive fusion wear marketNew Delhi: Lakshita, known...
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