INDIA: Hindustan Foods strikes manufacturing deal with PepsiCo
Indian food maker Hindustan Foods Ltd has reached a manufacturing and supply agreement with PepsoCo.
In a filing with the Bombay Stock Exchange, Hindustan said it would manufacture "on a monthly basis" kurkure extruded snack products, to be sold under the PepsiCo brand.
The company said these products - as well as other potential products in the future - will be manufactured at the firm's manufacturing facility in Usgai, Ponda, Goa.
The supply contract runs until end-June 2014, Hindustan added.
PepsiCo has benefited from its strong presence in sweet and savoury snacks, which continue to make up the majority of its sales in packaged food. It did however reduce its reliance on this category wi...
PepsiCo do Brasil is expected to strengthen its presence in biscuits through brand extensions of popular and traditional brands such as Toddy and Quaker, which received investment to introduce biscuit...
The report presents detailed data on consumption trends in the Ethnic/Traditional Snacks category in United States, analyzing consumption volumes and values. It also provides indispensable data on dis...
The report presents detailed data on consumption trends in the Meat Snacks category in United States, analyzing consumption volumes and values. It also provides indispensable data on distribution chan...
- M&A Watch: Why Danone/Lifeway deal could be next
- Shopper trends: Some confidence but promos popular
- just-food's pick: Natural Products Expo top 10
- Sustainability Watch: WhiteWave Foods
- DATA: The just-food international basket - Q2 2014
- Premier Foods revamp creates three divisions
- General Mills Q1 profits tumble
- Unilever to boost presence in Nigeria
- Sales, operating profit up at Quorn Foods
- WhiteWave to buy dairy-free firm So Delicious