Indian conglomerate ITC this week reported losses from its FMCG arm, as well as a slowdown in sales, but the company's has big ambitions for...
Getting products on shelves is a significant challenge for food manufacturers and retailers in India, where an under-developed supply chain...
Kraft Foods' recent move to launch its Oreo biscuit brand into India has drawn attention to what is a growing sector in the country. India's biscuit market is attracting growing multinational interest but powerful domestic players already dominate the market and the jury is out over whether foreign companies can easily grab market share. Mini Pant Zachariah reports for just-food from Mumbai.
Indian FMCG group ITC is splitting the roles of chairman and CEO, promoting COO Sanjiv Puri to the post of chief executive.
Indian FMCG giant ITC has appointed executive director Sanjiv Puri to the newly-created post of chief operating officer.
Indian food and tobacco producer ITC has posted total pre-tax profits of INR3.67bn (US$552m) for the first quarter of the fiscal year ended 30 June compared to INR3.34bn crore in the corresponding period a year ago.
Indian conglomerate ITC has insisted its branded packaged food business, which includes brands like Yippee noodles and Sunfeast biscuits, is "one of the fastest growing" in the sector.
Indian food and tobacco major ITC is establishing two new production units in its home state of West Bengal to make branded noodles, snacks, chips, biscuits and wheat flour.
B&G Foods struck a deal to buy General Mills' struggling Green Giant business - but insisted it could revitalise its sales. Arla Foods announced two ventures in Africa to boost its presence in the continent. And Nestle outlined plans to make KitKat with only sustainably-sourced cocoa from next year.
ITC, the Indian FMCG giant, has confirmed it will enter the country's dairy sector with the launch of ghee, or clarified butter.
Indian FMCG giant ITC has become the subject of speculation over the lead content of noodles after reports food officials in Uttar Pradesh had found a batch contained excess levels of lead.
HJ Heinz, the US ketchup maker, has stressed its products on sale in India meet local regulations as the company confirmed it is in "ongoing communication" with Indian food quality regulators.
Indian food safety authorities are reportedly examining popular packaged foods manufactured by the likes of Heinz and Kellogg after a row erupted over Nestle's Maggi noodles.
Unilever revealed its 2014 results this week and revealed its food sales fell last year, prompting CEO Paul Polman to admitted the Flora and Becel maker had lagged the change in how consumers viewed spreads. Elsewhere, Lifeway Foods CEO, Julie Smolyansky, insisted the business is not for sale.
Indian conglomerate ITC has reported "healthy growth" in its packaged food sales in its third quarter.
Indian food and tobacco major ITC is setting up a US$70m packaged foods and confectionery plant in the eastern state of Odisha.
Indian cigarettes-to-hotels giant ITC said its branded packaged food businesses were able to grow market share in its second quarter, despite a "sluggish consumer demand environment".
In this week's big acquisition, General Mills moved to boost its domestic business with a deal to buy natural and organic firm Annie's. Elsewhere Arla Foods announced it had entered the race to take over Egypt's Arab Dairy Products Co. Indian dairy firm Amul hinted at plans to start exports to Russia while local conglomerate ITC announced it would grow its presence in the Indian dairy sector. Things also continued to heat up in the battle for Chiquita Brands International, with the produce giant announcing it had been granted a waiver from Fyffes to enter into discussions with Cutrale Group and Safra Group.
Indian conglomerate ITC has confirmed it plans to open dairy plants in seven Indian states - with the first site set to open in Bihar before the end of the year.
Indian conglomerate ITC, which is trying to broaden its business beyond its core cigarette division and further into FMCG, has reported slowing sales of consumer goods in the first quarter of its financial year.
Indian FMCG conglomerate ITC said its food brands gained market share over the last 12 months despite a "deceleration" of market growth trends.
Indian multi-sector corporation ITC has confirmed to just-food it is planning to open an integrated food and consumer goods manufacturing and logistics facility in the northern state of Punjab.
Indian conglomerate ITC said "robust" growth from its packaged food business helped it post a 13% jump in quarterly sales.
Indian food company Keventer Group has teamed up with local conglomerate ITC to run a noodle manufacturing plant in Kolkata.
Indian conglomerate ITC plans to enter the country's fast-growing domestic dairy business by building a dairy in the eastern state of Bihar.
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