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Allied Industry
Alpha Plastomers offer new packaging materials

Alpha Plastomers offer new packaging materials

Gujrat-based Alpha Plastomers is offering new solutions to customers in the fast moving consumer goods (FMCG) sector and electronics sector. The company has expanded its product portfolio with the introduction of new flexible packaging materials

Allied Industry
Srinivasa Farms to raise funds for expansion

Srinivasa Farms to raise funds for expansion

Hyderabad-based Srinivasa Farms plans to raise $30 million in private equity to fund present and future expansion agenda. The firm is in talks with the firm to raise the money.   Suresh Chitturi, Vice-President and

Allied Industry
Coca-Cola business grows in Q2

Coca-Cola business grows in Q2

Beverages maker Coca-Cola saw its sales volume grow six per cent during the September quarter. The company has managed to grapple with demonetisation and rollout of goods and services tax (GST).   Although the global

Allied Industry
Sami-Sabinsa opens new facility for curcumin extraction

Sami-Sabinsa opens new facility for curcumin extraction

Sami Labs, manufacturer and marketer of products for the pharmaceutical and food industries and parent company of phytonutrient supplier and research firm Sabinsa, recently inaugurated its second continuous extraction plant, largely to satisfy demand for

Allied Industry
ThaiBev buys Myanmar’s largest distillery for US$742m

ThaiBev buys Myanmar’s largest distillery for US$742m

It now owns 75% of the company. ThaiBev bought a 75% stake in Myanmar Supply Chain (MSC) and Myanmar Distillery (MDC) for US$742m. According to RHB, the MSC and MDC operate two spirit production facilities

Allied Industry
Goodricke to acquire packaged tea business

Goodricke to acquire packaged tea business

Goodricke Group Ltd, based in Kolkata, is planning out acquisition of Godfrey Phillips India Ltd’s packaged tea business for Rs 20 crore ($3 million). The sale is in line with Godfrey’s decision to exit the

Allied Industry
PepsiCo launches new energy drink in India

PepsiCo launches new energy drink in India

The American food and beverages company PepsiCo Inc, has launched energy drink Sting, one of its global brands, across organized retail outlets in India. This is the second attempt by PepsiCo to crack the energy

Allied Industry
Beverages startup raises $6 M funds

Beverages startup raises $6 M funds

A Mumbai based startup, Rakyan Beverages Pvt. Ltd. that sells cold-pressed juices under the RAW Pressery brand, has raised Rs 40 crore ($6 million) from its existing investors.   Venture capital firms DSG Consumer Partners,

Allied Industry
Inner Being looks out for product expansion

Inner Being looks out for product expansion

Nutrition food products manufacturer Inner Being, which manufactures millets and Quinoa based value added items, is looking to expand its products in Bengaluru, Mumbai and Dubai after its successful launch in Hyderabad. The company is

Allied Industry
Sazerac Company enters Indian market

Sazerac Company enters Indian market

The Sazerac Co has recently purchased of a stake in India spirits producer John Distilleries. The US-headquartered alcoholic beverages company has acquired the holding for an undisclosed sum from Gaja Capital, which will continue to