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Tag "India"

KFC India meal box charges your smartphone

A limited version of a special dish developed by the Indian KFC branch comes with a box containing a power bank that will charge your smartphone while you eat.
Watt a Box, the new offering from the American fast food chain has been offered to a select number of consumers in its Mumbai and Delhi locations. […]

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PureCircle is to invest in Indian stevia production

Stevia ingredients company, PureCircle has announced its plans to invest in India’s stevia infrastructure over the next five years, partnering with thousands of Indian farmers to plant 5,000 hectares of stevia and eventually build a stevia processing facility in India.
“Our investment in India signals the huge potential we see in this market for stevia as a […]

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Fanta launches new fruit-based drink in India

Coca-Cola India has revealed that the drink developed to support the country’s farmers is a new Fanta variant made from green mango.
On Friday, FoodBev reported on Coca-Cola’s plans to launch a carbonated juice drink in India, after the country’s prime minister called upon the company to step in and support domestic fruit producers. It is hoped that the new […]

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WILD develops new concepts due to India approving steviol glycosides

    WILD develops new concepts due to India approving steviol glycosides

WILD Flavors & Specialty Ingredients (WFSI) offers a wide range of appropriate concepts containing less sugar and fitting in a modern life style, due to the fact that The Food Safety and Standards Authority of India approved the use of steviol glycosides as a non-nutritive sweetener in November 2015.
Around the world, most people enjoy sweet treats. […]

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Petainer Innopac Packaging opens manufacturing facility in India

    Petainer Innopac Packaging opens manufacturing facility in India

A joint venture between Petainer UK Holdings and Innopac Containers has opened a new plastic packaging solutions manufacturing facility near Mumbai, India.
Innopac, established by Saket and Atit Bhatia (the promoting family of a leading metal packaging group in India), is focussed on introducing high performance, sustainable and innovative packaging solutions to the food, beverage, pharmaceutical […]

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Nestle Boosts Production Capacity in India

    Nestle Boosts Production Capacity in India

A new Nestle investment in India will increase the company’s production capacity in one of the fastest growing emerging markets worldwide. The factory extension at Nestle’s existing site in Ponda, Goa – part of the company’s 7 billion Indian Rupee (Eur100 million) investment in the state over the past three years – will produce brand […]

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Coca-Cola to Invest Additional $3 Billion in India

    Coca-Cola to Invest Additional $3 Billion in India

The Coca-Cola Company and its bottling partners are to spend an additional $3 billion in India, increasing total invest in the country to $5 billion from 2012 to 2020. The investments will be in innovation, expansion of the distribution network, cold drink equipment placement and augmentation of manufacturing capacity.
The Coca-Cola system has already invested more […]

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ConAgra Foods Expands in India

    ConAgra Foods Expands in India

ConAgra Foods, one of North America’s leading food manufacturers, has become the majority owner of Indian food companyAgro Tech Foods, increasing its stake to more than 50% at a cost of $10 million. Agro Tech Foods is a public limited company that markets food and food ingredients to consumers and institutional customers in India. The […]

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Coca-Cola System Investing $2 Billion in India

    Coca-Cola System Investing $2 Billion in India

The Coca-Cola Company and its bottling partners will invest $2 billion in India over the next five years, beginning in 2012, to further capture the opportunity in the country’s non-alcoholic ready-to-drink (NARTD) beverage market. India is a strategic growth country for The Coca-Cola Company, ranking among its top 10 markets in volume globally and as […]

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Ferrero Opens Plant in India and Plans One For Turkey

    Ferrero Opens Plant in India and Plans One For Turkey

Having recently opened a confectionery plant in India, Ferrero is now planning to build a new factory in Turkey. Earmarked for the production of Nutella and Kinder chilled products, the planned Turkish plant will cover an area of 146,000 sq m and will become Ferrero’s 19th manufacturing facility when it is completed in 2013. It […]

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Danone Enters Indian Infant Nutrition Market With €250 Million Deal

    Danone Enters Indian Infant Nutrition Market With €250 Million Deal

Danone is entering the baby nutrition and medical nutrition markets in India. The French food and beverage group has agreed to acquire Wockhardt Group’s nutrition business and brands as well as its related industrial operations from Carol Info Service, located in Punjab, India, for Eur250 million.
 
The strong brand awareness of Wockhardt’s Dexolac, Farex and Nusobee […]

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Danone’s €250 Million Indian Acquisition

    Danone’s €250 Million Indian Acquisition

Danone is acquiring Wockhardt Group’s nutrition business for Eur250m to enter the baby nutrition and medical nutrition markets in India. Danone is purchasing Wockhardt’s nutrition business and brands as well as its related industrial operations from Carol Info Service, based inPunjab, India.
 
The strong brand awareness of Wockhardt’s Dexolac, Farex and Nusobee baby nutrition products and […]

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Diageo to Pay $16 Million to Settle Bribery Lawsuit

    Diageo to Pay $16 Million to Settle Bribery Lawsuit

Diageo has agreed to pay $16m to settle an investigation by the US Securities and Exchange Commission (SEC) into bribery allegations in South Korea, India and Thailand. The SEC claims that Diageo’s subsidiaries in India, South Korea and Thailand paid more than $2.7 million in bribes from 2003 to 2009 in order to gain sales […]

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Tata Acquires British Salt For £93 Million

    Tata Acquires British Salt For £93 Million

India-based Tata Chemicals has entered the UK food market with the £93m acquisition of British Salt, Britain’s leading manufacturer of pure dried vacuum salt products with 50% market share. Tata Chemicals is the market leader in packaged salts in India with more than half the total market consuming Tata brands.
The £93m acquisition has been made […]

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World Dairy Market – China and India Increase Imports

    World Dairy Market – China and India Increase Imports

Supply shortages are forcing China and India to raise their imports of dairy products, according to the latest Rabobank Global Dairy Outlook report. “The demand from these two giants will impact dairy processors, dairy farmers and dairy prices for the coming years,” says Tim Hunt of Rabobank Food & Agribusiness Research. Rabobank has now changed […]

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McCormick Expands in India and the Middle East

    McCormick Expands in India and the Middle East

McCormick & Company, a global leader in spices, seasonings, specialty foods and flavours, has expanded its interests in India and the Middle East with the acquisition of a 26% minority stake in Eastern Condiments for $36m. Based in Kerala, India, Eastern is a leading brand of spices, seasonings and other related food products in India […]

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Tata Global Beverages Seeking to Diversify into Food

Tata Global Beverages of India, which owns the UK-based Tetley Tea business, is planning to move into food via acquisitions. The beverages group is reported to be considering raising funds for acquisitions by selling a stake to private equity investors, and has already approached Blackstone and Advent International.
Following the recent integration of its five beverage […]

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Nestle to Invest in R&D Centre in India

    Nestle to Invest in R&D Centre in India

Nestle is investing SFr50m (Eur38m) to establish its first R&D Centre in India. The facility will be built in Manesar, close to Nestle India’s headquarters in Gurgaon, and will be operational in 2012.
The investment will help to further strengthen Nestle’s R&D capabilities in emerging markets. Nestle has a strategic focus and leadership in emerging markets […]

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Emerging Markets Drive Heinz

    Emerging Markets Drive Heinz

Emerging markets such as China, India, Indonesia, Latin America and Russia are expected to deliver at least 20% of Heinz’s total sales by 2013, more than double their contribution of just five years ago, according to William Johnson, chief executive of the US-based global food group.
“Emerging markets are key to unlocking future growth because their […]

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Food Processing in India Requires $30 Billion Investment

India will need approximately over $30b worth of investment to completely restructure its processing-food industry to substantially lift up the share of its processed food trade, which currently stands at 2.2% in the case of fruit and vegetables, 26% for fisheries, 6% in poultry, 20% in buffalo meat and 35% milk by 2015, according to […]

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