Nestle India is planning to re-introduce chicken variant in its Maggi Noodles that were relaunched in the country last November. The food company is planning to make the new variant available through online retailer Snapdeal. It had ...
Tags: Snapdeal, Nestle India
Nestle has recommenced production of Maggi Noodles at all of its facilities in India, in an effort to make up for the lost time that cost the company Rs 4.5bn ($67.4m) when it was banned for five months due to excessive presence of lead in ...
Tags: Nestle, Maggi Noodles
Emami Paper Mills is reportedly planning to invest roughly Rs10bn ($149.3m) to increase paper board making capacity at its facility at Balasore in the Indian state of Odisha. The Balasore facility, which was set up at a cost of around ...
Tags: Emami, paper board, packaging paper
Packaging films producer Vacmet India is to invest close to Rs15.8bn ($238.8m) in a new production plant in Dhar district in the state of Madhya Pradesh, a move that will create over 8,000 jobs. The company laid foundation stone of the ...
Tags: Packaging films, BOPP films, food packaging
India-based United Breweries Group is seeking a buyer for its residual 4% stake in United Spirits worth Rs 22bn ($331m) to repay its loans. The development may also see its chairman Vijay Mallya quit his position in United Spirits by ...
Tags: UB Group, United Spirits
India’s Amul dairy brand maker Gujarat Cooperative Milk Marketing Federation (GCMMF) is set to introduce new lactose-free milk in the country in a month. Amul lactose-free milk is claimed to be the first of its type to be launched ...
Tags: GCMMF, Amul dairy, lactose-free milk
Originally a battery maker, Indian manufacturer Eveready is transiting into the LED lighting market recently with the aim of acquiring at least 10% market shares, according to a Business Standard report. According to the company Directing ...
Tags: LED Lighting Market, LED industry
India's ITC is set to establish four food parks with an investment of more than INR200 crore (approximately $31.62 m) each in the state of Tamil Nadu, India. Business Standard quoted Tamil Nadu additional chief secretary (Industries) C ...
Tags: food parks, Tamil Nadu, Mega Food Parks
Indian dairy products maker Parag Milk Foods hopes to accelerate its cheese sales to Russia in light of the country’s growing demand amid Russian ban on imports of dairy products from Europe. The company is considering expansion of ...
Distell Group, a leading liquor producer in South Africa, is in negotiations with India-based Tilaknagar Industries to acquire a few of latter’s brands. Tilaknagar Industries, which has INR 8bn- ($128m) debt, expects to generate ...
Tags: Distell Group, Liquor, Food
American chocolate manufacturer Mars’ Indian unit is planning to invest INR1,005 crore ($160m) to establish its first manufacturing plant in Pune, India. Mars International India has now signed a MoU with the government of ...
Flipkart.com, India’s leading ecommerce marketplace, has announced the launch of an exclusive online store for Banarasi sarees, in association with DC handlooms, Ministry of Textiles, as a joint effort with the ministry to offer ...
West Bengal based and since long ailing, Haldia Petrochemicals Ltd (HPL) is expected to reopen its plant as lenders have agreed to infuse fresh funds into the loss making company. After Purnendu Chatterjee, chairman of The Chatterjee ...
Tags: technical snag, Textile
Vardhman Group, one of the leading textile companies in India, is set to invest Rs 560 crore for setting up weaving and fabric units in Himachal Pradesh’s Baddi town, Business Standard reported. The managing director of Vardhman ...
Tags: fabric units, weaving, Textile
Australia’s Pratt and Israeli statesman Peres team together for India’s next food and water revolution Australian billionaire paper, packaging and recycling magnate Anthony Pratt has partnered with former Israeli President ...