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Allied Industry
Nestlé strengthens its presence in Vevey with Nespresso

Nestlé strengthens its presence in Vevey with Nespresso

Nestlé recently announced its intention to relocate the global headquarters of Nespresso from Lausanne, Switzerland to Nestlé’s original, historic site in Vevey, Switzerland. Approximately 350 Nespresso employees will relocate to Vevey beginning in early 2021.

Allied Industry
Ecozen wins Rabobank Food Loss Challenge Asia

Ecozen wins Rabobank Food Loss Challenge Asia

Indian start-up Ecozen Solutions has won the inaugural Rabobank Food Loss Challenge Asia, which was launched to highlight agri-tech solutions to the growing global problem of food loss and wastage from farm-to-market.   The company,

Allied Industry
LANXESS to strengthen its Indian production sites

LANXESS to strengthen its Indian production sites

Specialty chemicals company LANXESS is strengthening its asset base in India. The company plans to invest up to INR 1250 crores till 2023. Focus areas of the investment will be the businesses for chemical intermediates,

Allied Industry
Global Consumption of emulsion stabilizer to grow 1.4x through 2028

Global Consumption of emulsion stabilizer to grow 1.4x through 2028

Global consumption of emulsion stabilizer for beverages is foreseen to surpass 210,000 MT in 2018, up from nearly 200,000 MT in 2017, as per Fact.MR valuation. The market is poised to grow at a moderate

Allied Industry
Kellogg might sell its cookies and fruit snacks businesses

Kellogg might sell its cookies and fruit snacks businesses

Kellogg Company is considering the sale of its cookies and fruit snacks businesses. Kellogg is planning selling its Keebler, Famous Amos and fruit snacks businesses, making it the latest Big Food company to look to

Allied Industry
Keventers expands products in the dairy aisle

Keventers expands products in the dairy aisle

India’s iconic dairy brand, Keventers, is all set to expand its product portfolio with the introduction of Ice Creamery, ice cream parlours that will serve a wide range of premium and delicious flavours. With this

Allied Industry
Hoi Food Concepts raises $500k in pre-Series A round

Hoi Food Concepts raises $500k in pre-Series A round

Hoi Food Concepts Pvt. Ltd, a startup that provides food to budget hotels in the national capital region, has raised $500,000 (Rs 3.6 crore) in a pre-Series A round led by crowdfunding platform 1Crowd and

Allied Industry
Britannia consolidated revenue grew 13%

Britannia consolidated revenue grew 13%

Britannia Industries Ltd. (BIL), India’s leading Food Company, reported consolidated revenue growth of 13% for the Quarter at Rs. 2,855 crores. Profit from Operations at Rs, 417 crores increased by 21%. Net profit for the

Allied Industry
Radico Khaitan takes Jaisalmer craft gin to UK

Radico Khaitan takes Jaisalmer craft gin to UK

Radico Khaitan has released Jaisalmer Indian Craft Gin in the UK, which aims to celebrate the origin of the gin and tonic in British Colonial India.   Jaisalmer Indian Craft Gin is triple-distilled and crafted

Allied Industry
Cargill, DSM develop JV to produce sweeteners

Cargill, DSM develop JV to produce sweeteners

As food and beverage producers look to significantly reduce calories in their offerings to consumers, they are in need of non-artificial, zero-calorie, great-tasting sweetener options. Recently, Cargill and Royal DSM, a global science-based company in