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Global
Nestlé Health Science announces $43 M investment to expand US facility

Nestlé Health Science announces $43 M investment to expand US facility

Investment to bolster manufacturing capabilities, enhance sustainable packaging efforts and generate new local jobs Nestlé Health Science has announced a $43 million investment to expand its manufacturing facility in Eau Claire, Wisconsin in the US. The investment will

Beverages
Blue Tokai Coffee Roasters secures funding worth $30 M

Blue Tokai Coffee Roasters secures funding worth $30 M

Clocking a revenue run rate of Rs 150 crore for the ongoing fiscal year Gurugram-based startup Blue Tokai Coffee Roasters has secured $30 million in its latest Series B funding round to scale its business

Food
Hamdard plans Rs 100-150 Cr investment in food park cluster at Haryana

Hamdard plans Rs 100-150 Cr investment in food park cluster at Haryana

Hamdard Foods to develop manufacturing facilities in the next 1 to 2 years The Hamdard Group has signed a definitive agreement with the Reliance Model Economic Township (MET) City to build the Hamdard Food Park

Technologies
First net-zero food tech innovation project to launch in India

First net-zero food tech innovation project to launch in India

To bring smart technology in food production, storage, processing and distribution in India Hunch Ventures, a New Delhi-based Investment fund, has announced a global partnership with Earth First Food Ventures (EFFV) to build India's first Net-Zero Food Tech Innovation

Food
Shouldn’t the Food Industry Focus on R&D?

Shouldn’t the Food Industry Focus on R&D?

Innovation strategy and its outcomes for firms may be different in developing countries as compared to developed countries. Thus, a study that focuses on an emerging economy like India, with a majority of the population

Beverages
Beanly Coffee closes seed investment to strengthen presence

Beanly Coffee closes seed investment to strengthen presence

On a mission to simplify coffee for everyday consumers Beanly, an early-stage consumer brand in the coffee space and an early stage D2C startup known for innovations in the coffee category, recently closed its seed

Food
SALIC picks 9.22% equity stake in LT Foods with investment of Rs 455.5 Cr

SALIC picks 9.22% equity stake in LT Foods with investment of Rs 455.5 Cr

LT Foods enters into a strategic partnership with Saudi Agricultural and Livestock Investment Company (SALIC) The Board of Directors of Gurugram-based LT Foods has approved the preferential issuance of 27,408,164 equity shares, i.e. 7.89% equity

Supplier
Umasree Texplast partners with Packem to manufacture eco-friendly bags by using rPET

Umasree Texplast partners with Packem to manufacture eco-friendly bags by using rPET

With an investment of $15 million (approx. Rs 120 crore) for a new plant in Gujarat  Ahmedabad-based Umasree Texplast is partnering with Brazil’s Packem for setting up a plant near Ahmedabad to produce 100% sustainable FIBC

Global
Increased investment must for better access to safe drinking water: Report

Increased investment must for better access to safe drinking water: Report

Governments and partners must dramatically increase political commitment to drinking water and quadruple investments Governments must invest strategically in building safe drinking water systems by not only increasing funding, but also strengthening capacities to plan,

Food
iD Fresh Food expands manufacturing footprint to North India with Rs 20 Cr investment

iD Fresh Food expands manufacturing footprint to North India with Rs 20 Cr investment

The skid-mounted, greenfield plant, built on an investment of Rs 20 crore, is expected to generate Rs 50 crore revenue in FY 22-23 iD Fresh Food has announced the launch of its state-of-the-art manufacturing plant in