PepsiCo India commits to collecting and recycling plastic in Maharashtra state

INDIA - PepsiCo India has announced plans to extend producer responsibility of the government by collecting and recycling PET plastic waste generated in the Maharashtra state. The company said this in line with its commitment to the government's vision and focus on addressing the issue of plastic waste in a sustainable manner. PepsiCo has also…

Everfoods to acquire India’s leading brand of fresh baked cookies Cookie Man

INDIA - The packaged foods company, Everfoods has entered into a definitive agreement to acquire a leading brand of fresh baked cookies, Cookie Man from Australian Foods (I) Pvt. Ltd, reported ET Retail. While the amount of the transaction was not known, the acquisition expands Everfoods portfolio, adding a brand of fresh baked cookies in…

Standards body launches ‘Eat Right Movement’ to promote healthier FMCG foods

INDIA - The Food Safety and Standards Authority of India (FSSAI) is launching the ‘Eat Right Movement’ in a new strategy to promote production of healthier FMCG food products in the industry. This is an attempt to getting the food industry on board for implementation of draft food labelling regulation in attempt to protect and…

Former P&G executive Vivek Sunder named COO at Swiggy

INDIA - Swiggy, the online food delivery start-up has appointed former Procter & Gamble (P&G) executive Vivek Sunder as first ever Chief Operating Officer for its business. Vivek will manage the company’s operating units with a responsibility to accelerate Swiggy’s mission of making the lives of consumers more convenient and hassle-free, ET Retail has revealed.…

Roha launches innovative solutions for stains on necks of beverage bottles

INDIA - India-based colors company, Roha, has launched an innovative solution to tackle the issue of neck ringing, the formation of the oily ring like stains on the necks of beverage bottles. According to FoodingredientsFirst, the company’s scientific experts have been working with clients in their labs and have revealed their so-called breakthrough product for the…

India to lease out state-owned dairy firm, Delhi Milk Scheme for 30 years

INDIA - The government of India has invited milk cooperatives to run the state-owned dairy firm, Delhi Milk Scheme (DMS) on lease for thirty years after reporting heavy losses since 2010. The proposal to lease DMS has been pending since the time of the previous government and with the new decision, it means it will…

India extends ban on milk products from China on food safety issues

INDIA - The government of India has further extended the ban on milk and its product imports from China including chocolates, candies and other confectioneries based on food safety concerns. The ban, imposed from 22 June 2017 to 23 June this year has now been extended to December 23 covering ‘food preparations’ with milk or…

BigBasket in talks to acquire majority stake in Kwik24 start-up company

INDIA - The Indian online grocery and food products provider, BigBasket is eying a majority stake in smart vending machines start-up Kwik24 in an effort to expand its offline grocery business. ET Retail reported that according to people familiar with the matter, BigBasket had earlier launched a pilot program with Kwik24 to deploy smart vending…

Coca-Cola launches its acquired juice brand Rani Float juice in India

INDIA - Coca-Cola is launching Rani Float, its acquired juice brand in India to compete against rivals such as PepsiCo’s Tropicana, Dabur’s Real and Parle Agro’s Frooti, reported ET Retail. Rani Float is one of the brands belonging Aujan Industries’ beverage business in which Coca-Cola has a 50% equity stake. Rani Float has real fruit…

Carlsberg considers Indian Listing to tap growing market for ‘foreign beer’

INDIA- Danish global brewer, Carlsberg Group is planning for local listing for its Indian operations in a bid to grow its market share in the beer business dominated by United Breweries. According to an article by the Bloomberg, Carlsberg may be attracted by the high valuations in the Indian stock market, where United Breweries trades…