Carlsberg India introduces a beer crafted ‘Carlsberg Smooth’

INDIA - Carlsberg India, the global brew company that produces and supplies beer, has announced the launch of Carlsberg Smooth, a premium mild beer made with the finest European Barley for a rich and smooth taste. According to the company, the new brew is a combination of classic and modern portfolio, with superior quality from…

India’s single-use plastics to be eliminated by 2022

INDIA - India will eliminate all single-use plastic in the country by 2022, a pledge that is the most ambitious yet of the global actions to combat plastic pollution that are taking place in 60 nations around the world. The Prime Minister, Narendra Modi, has announced that the move aims to drastically stem the flow…

McDonald’s 15 outlets in the North and East hits record high in sales in May

INDIA - McDonald’s 15 outlets in the North and East have hit a record high in sales for May, high above previous records, according to Connaught Plaza Restaurants(CPRL) MD Vikram Bakshi. This follows a legal battle between McDonald’s and CPRL after McDonald’s India Pvt (MIPL) which runs McDonald’s outlets in north and east India terminated…

India sets goal to eliminate use of single-use plastics by 2020

INDIA - India has pledged to eliminate the use of single—use plastics by 2020 as part of the country’s new strategy to tackle the issue of plastic wastes and plastic pollution. In addition to the commitment which was made on World Environment Day, the country’s prime minister, Narendra Modi unveiled plans to introduce a campaign…

Indian Unilever subsidiary to merge food and refreshments division

INDIA - Hindustan Unilever Ltd (HUL), the Indian subsidiary of Unilever N.V has announced that it will combine its foods and refreshments businesses effective July in order to advance growth in line with global category structure of the parent company Unilever. The combined food and refreshment segment will be headed by Sudhir Sitapati, currently the…

McDonald’s India posts US$45m loss with write-offs in the full year

INDIA - McDonald’s India, the fast food restaurant and company has reported a US$45.50m loss in full year results ended March 2017, following several write-offs in investments in its joint venture with Connaught Plaza Restaurants (CPRL). ET Retail reported that the burger and fries chain is still operating its outlets at a loss in India.…

ABB Technology Ventures invests in Indian food industry start-up

INDIA - ABB Technology, a leading pioneering technology company developing and deploying energy-efficient products and systems, has invested in an Indian food industry start-up, to streamline the dairy supply chain. According to the company, it has invested in Stellapps Technologies through its venture capital unit, ABB Technology Ventures (ATV). Stellapps is India’s first end-to-end dairy…

United Breweries launches Amstel to expand its super-premium beer range

INDIA - The Indian beer maker, United Breweries Ltd (UBL) has launched the popular Dutch beer brand, Amstel in India to expand on its super-premium brands portfolio while increasing its market share in this segment. Amstel is a slow brewed and extra matured lager from UBL’s parent company Heineken NV, internationally appreciated for its quality…

Ferrero aims US$296.6m investment in India to improve distribution network

INDIA - Ferrero, the Italian manufacturer of branded chocolate and confectionery products has unveiled plans to invest US$74.15 million in the sugar confectionery business to bring its total investments to close to US$297m in India. According to an article by ET Retail, the group is considering investments with value-based offerings as part of plans to…

Milkbasket raises US$7m in Series A round of funding in milk and grocery delivery space

INDIA - Grocery and milk delivery startup MilkBasket has raised US$7 million in a Series A round of funding led by Kalaari Capital, along with BeeNext and existing investors Unilever Ventures and Blume Ventures. According to Economic Times, this is the latest funding in the milk and grocery delivery space, with players such as DailyNinja…