Consumer goods company ITC to invest US$67m in a new food processing site in India

INDIA – Indian multinational conglomerate company, ITC will be investing US$67.53 million (Rs 700 crore) in setting up a new food processing facility in Madhya Pradesh, central India. Speaking during a recent investor summit in […]

India to boost food processing sector through US$417m value addition program

INDIA – India has partnered with the World Bank in a US$417million (INR$30 billion) collaborative program that seeks to revolutionize the country’s food manufacturing sector. According to an Economic Times report, the programme will receive […]