Amazon has invested $1.5 million (Rs. 10.5 Cr) in Indian food retail arm, Amazon Retail India. The US-based retailer received the final nod from the Indian government in July 2017 to invest $500 million in
The Mumbai-based retail group plans to start delivering milk, eggs, and bread at users’ doorstep every morning by launching 1,000 outlets under the Easyday, Nilgiris, and Heritage brands. The service is expected to be
Arla Foods and coffee chain Starbucks have signed a new 21-year strategic licensing agreement, which will see Arla Foods manufacture, distribute and market ready-to-drink (RTD) Starbucks products in Europe, the Middle East and Africa (EMEA).
Hindustan Unilever (HUL) has decided to combine its foods and refreshments business into one division effective July in an effort to increase agility, in line with the global category structure of parent Unilever. Geetu
From a Depressed to a most Buoyant Sector; the Food Processing Sector witnesses growth like never before. Food Processing is all set to become the most robust sector in India to contribute majorly to
Hindustan Unilever, the country’s largest consumer goods firm, plans to launch traditional South Asian breakfast options such as khichdi, upma and pongal. According to media reports, the move is a departure from the company’s previous
Bayer AG won US antitrust approval for its $66 billion takeover of Monsanto Co., clearing the last major regulatory hurdle to forming the world’s biggest seed and agricultural-chemicals provider after a nearly two-year global review.
The beleaguered Manpasand Beverages is setting up a fruit juice manufacturing facility at Chhatabar Industrial Area, Khurdha in Odisha, at an investment of Rs 150 crore. Odisha chief minister Naveen Patnaik performed ground breaking
Bengaluru based Y-Cook India Pvt. Ltd, which makes ready-to-eat and ready-to-cook packaged food products, has raised $5 million in a Series B round of funding from new and existing investors. Dutch impact fund Oikocredit
Coca-Cola has announced that it will invest $1.2 billion in Argentina over the next three years to expand the production of soft drinks in the country. This investment builds upon the $1 billion four-year