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Vision 2015 of food processing ministry

With an eye to boost the food processing sector, the ministry of food processing industries outlined Vision 2015 with the aim of trebling the size of processed food sector, increase the level of processing of perishables, and encourage retail.As...

Danone bids about $17 billion for Dutch rival

French food group Danone has offered $16.7 billion (12.3 billion euros) for Dutch baby-food maker Royal Numico. The all-cash offer of 55 euros a share is expected to create what Danone claims will be the world's largest food firm.Under...

Pepsico and ITC — the slugfest begins

Bingo, the new entrant in the wafer’s market, is posing as a competitor to Kurkure and Frito-Lay. Both Pepsico and ITC are battling out to emerge victorious. In many places around the country, ITC is organising promotional events like...

PepsiCo India firms up distribution strategy

PepsiCo India has formulated a distribution strategy for its carbonated soft drinks (CSDs) and non-carbonated products. The company wants its products like Tropicana and Gatorade to have much wider retail presence.At present Pepsi has juice brand Tropicana, juice drink...

Nutritious Beverage – new products by PespiCo India

PepsiCo India is going to launch nutritious beverage in next three years. To avoid being bitten by the pesticide bug once again, the company has set up a nutrition advisory board, which includes medical and nutrients experts. Pepsi is...

Pepsi and HLL review alliance

The alliance to market hot and cold beverages in the country, between the Hindustan Lever’s marketing alliance and Pepsi Foods is under evaluation. This alliance was formed between the two companies three years back to market tea based beverages,...
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India leads in GenAI adoption, investment trends likely to rise in coming years: Report

The study also predicted promising investment trends shortly, with about 94% of respondents anticipating increased investments and budget allocations...
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