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Allied Industry
Sixth Sense Ventures to buy stake in Veeba Food Services

Sixth Sense Ventures to buy stake in Veeba Food Services

Sixth Sense Ventures, an early-stage consumer-sector-focused fund, is in talks to buy a small stake in condiments and sauce company Veeba Food Services Pvt. Ltd, in a deal valuing the company at over $100 million

Allied Industry
India gets it’s first ICD- based cold store set up

India gets it’s first ICD- based cold store set up

Privately-owned logistics company, JM Baxi Group has opened India’s first port-based cold storage at its Sonepat inland container depot (a dry port) in Haryana.   This storage centre will help cut double-handling and save cost

Allied Industry
Dabur expands global footprint with Amazon’s Global Selling Program

Dabur expands global footprint with Amazon’s Global Selling Program

Iconic Indian brand ‘Dabur’ has announced its alliance with Amazon to take its products global. Available in 120+ countries and renowned worldwide as a leading Ayurvedic and Natural Health Care Company, Dabur’s collaboration with Amazon

Allied Industry
Ireland plans collaboration with India for food processing

Ireland plans collaboration with India for food processing

Ireland has extended open invitation to Punjab and Chandigarh-based companies to set up ventures and collaborate with Irish companies in the field of agro industry, food processing, IT sectors while offering pro-business environment and low-tax

Allied Industry
Coca-Cola to open new testing facility

Coca-Cola to open new testing facility

Largest bottling partner of Atlanta-based Coca-Cola Company, Hindustan Coca-Cola Beverages plans to open Rs.450-crore facility in Sanand, Gujarat by January as it tests more than 20 new products made locally in a bid to make

Allied Industry
Andrew Yule plans setting up two tea factories in northeast

Andrew Yule plans setting up two tea factories in northeast

Diversified state-run company Andrew Yule will spend Rs 24 crore on two bought-leaf factories it plans to set up in the tea-growing areas of India’s northeast, seeking to cushion the business against capacity constraints in

Allied Industry
Food companies plan on simplifying labels

Food companies plan on simplifying labels

A group of consumer goods makers and retailers including Kellogg Co, Wal-Mart Stores Inc, Nestle SA and Unilever Plc plans to simplify and standardize food date labels to reduce food wastage.   The standardized labeling

Allied Industry
Keventer Agro raises funds for agro food growth

Keventer Agro raises funds for agro food growth

The Rs 800-crore Keventer Agro Ltd (KAL), the flagship enterprise of the Rs. 1,800- crore Keventer Group has raised capital worth $25 million (approximately Rs. 170 crore) from Mandala Capital, a private equity (PE) firm

Allied Industry
Amul initiates third party milk unit in Guwahati

Amul initiates third party milk unit in Guwahati

Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) has come up with third party milk processing unit in Guwahati. GCMMF has launched its pouch milk in Guwahati. Initially it plans to sell around 30,000 litres milk

Allied Industry
Nestle cuts down sugar content in Milky Way

Nestle cuts down sugar content in Milky Way

Nestle India has cut the amount of sugar in its Milkybar chocolate and increased milk as part of its wider strategy to create healthier products and add wholesome ingredients.   The percentage of milk in