India’s food service industry, delivery platforms to take a hit as new restrictions hamper movement

INDIA – India’s foodservice industry is set to suffer a new set back after the state governments of Delhi and Maharashtra imposed new restrictions to curb the recent spike in Covid-19 infections. Delhi has put in place night curfews starting from 10 pm and ending at 5 am. Maharashtra state which includes Mumbai has, on the other hand, imposed a stricter curfew, starting at 8 pm and ending at 7 am. Additionally, Maharashtra has imposed a total lockdown during the weekend starting on Friday at 8pm and ending on Monday…

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Amazon says altering India’s e-commerce investment rules could erode investor confidence, hurt small businesses

INDIA –  E-commerce retail giant Amazon has called on the Indian government not to alter e-commerce investment rules as such a move could dent investor confidence in the sector and potentially have devastating consequences on suppliers and small businesses. Amazon calls come against a backdrop of disquiet among Indian retailers that foreign e-commerce giants like Amazon and Walmart backed flipkart were creating complex structures to bypass federal foreign investment rules and damage small traders. Both Flipkart and Amazon have denied any wrongdoing and say they are helping small businesses in…

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Starbucks opens 40 new coffee stores in India as KFC doubles down on women employment

INDIA –  Tata Starbucks, a 50:50 joint venture between Tata Consumer Products Ltd and Starbucks Corporation, has continued its bullish expansion in India, venturing into 7 new cities and opening 40 new stores in its wake. This fiscal year has been eventful for Tata Starbucks in terms of expansion plans and reaching customers in newer cities and locations. In FY21, Starbucks opened stores in new cities such as Lucknow, Amritsar, Kochi, Ludhiana, Bhopal, Indore, and now Kanpur. Kanpur becomes the 18th city in India and second city in Uttar Pradesh…

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Vineet Sharma to head AB InBev’s marketing and new business development in South Asia

INDIA – Belgium-based and World’s largest beer company AB InBev has appointed Vineet Sharma as Vice President incharge of marketing and new business development for South Asia. Sharma, who joined AB InBev in 2016, was the trade marketing director for South Asia before his promotion to the new role. “I am thrilled to embark on this new journey to accelerate AB InBev’s business transformation agenda in South Asia,” Vineet Sharma said. “I look forward to working closely with our teams, business associates and partners to lead the charge through a…

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Barry Callebaut inaugurates third factory in India as demand for high-quality chocolate soars

INDIA – Leading manufacturer of high-quality chocolate and cocoa products, Barry Callebaut has inaugurated a new chocolate and compound manufacturing facility, located in Baramati, India. The Baramati facility is Barry Callebaut’s third factory in India and represents the company’s largest investment in the country to date. The new chocolate factory and warehouse includes an R&D lab and assembly lines capable of manufacturing chocolate and compound in different delivery formats. This will enable the company cater to the various needs of its customers – international food manufacturers, local confectioneries and semi-industrial…

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World’s largest craft brewer BrewDog officially opens in India, plans to open 35 pubs by 2025

US –  BrewDog, the world’s largest craft brewer, has officially opened its first bar in India as part of an ambitious expansion that will see the brewer open 35 pubs across the nation and launch nearly a dozen bottled beer brands over the next four years. Initially, it will launch 22 tap beers and three bottled ones, including its flagship brand Punk IPA and a wheat beer brewed specially for the country. However, these will be imported for the first few months and hence will carry a 10% higher price…

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20,000 micro food processing units to be set up in India’s Telangana State to boost farmer incomes

INDIA – Economic outcomes of Farmers in India’s Telangana state is set to improve following a recent initiative by the region’s government to support the setting up of  over 20,000 micro food processing units. The micro food processing units with a cumulative investment of more than US$200M will be set up through a partnership between the region’s state government and Our Food Pvt Ltd. Under the partnership, farming entrepreneurs in rural India will be provided with end-to-end solutions for setting up food processing units. These include loans from banks, setting…

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India targets Amazon, Walmart with new Ecommerce laws as Tata seeks CCI approval to acquire BigBasket

INDIA – India is targeting Amazon and Walmart with new laws that seek to clip their influence on India’s US$1 trillion retail market in an effort to protect and promote the growth of local startups. According to a report by Bloomberg, the new policy seeks to prescribe a code of conduct for online retailers and define the cross-border flow of user data and may raise costs and stymie expansion plans of these multinational retail behemoths. The new laws are seen as a reaction to complaints from India’s small retailers- which…

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India’s e-commerce market to grow to US$111Bn as consumers ditch physical stores for online shopping

INDIA –  Indian consumers just like their counterparts across the globe embraced online shopping during the pandemic when social distancing made it undesirable to shop in brick and motor stores. With the pandemic dragging on for more than a year now, consumers in the Asian country have made online a habit that is expected to stay on even after the pandemic. The shift to online shopping has made fintech form FIS to be confident that e-commerce is the next frontier for growth in India’s retail sector. In its recently released…

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Terra Chips to cost 150% less in India following Future Group’s plan to have them locally made

INDIA – Popular US chips brand Terra Chips may soon cost up to 150% less in India following plans by Future Group to have them locally made. Currently, an imported Terra packet of 200 grams costs Rs 410 and Future Consumer plans to bring the prices down through local production and also plans to introduce smaller packs to make them more accessible in the country. The gourmet Terra chips come in colorful textures of yellow, white, blue, and red and are made from potatoes, yucca, taro, sweet potatoes, parsnip, and…

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