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Press Trust of India
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Essel Propack Acquires 100% Stake in German Packaging Joint Venture
Sep 27, 2016Packaging firm Essel Propack has acquired remaining 75.1% stake in its German joint venture Essel Deutschland (EDG) for $32m. As part of the agreement, Essel’s Mauritius subsidiary Lamitube Technologies (LTL) will increase its stake ...
Tags: Essel Propack, stake, EDG, LTL
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Schreiber Dynamix Launches Second Packaging Facility in India
Jul 19, 2016India based food contract packer Schreiber Dynamix Dairies (SDDPL) has launched a second aseptic food processing and packaging facility at Fazilka in the state of Punjab, with an investment of Rs1bn ($14.8m). Launched in International ...
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FSSAI Has Set 12,000 Standards for Food Additives and Ingredients
Jul 15, 2015The Food Safety and Standards Authority of India (FSSAI) has set 12,000 standards for food additives and ingredients, in a move to ease food products approval process in the country. The move, which follows the recent Maggi food scare, ...
Tags: FSSAI, food manufacture, food additives, food ingredients
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Blumberg Grain Is Planning to Invest Over $250m to Expand Its Presence in India
Jul 7, 2015Food storage technology provider Blumberg Grain is planning to invest over $250m during the next five years to expand its presence in India. As part of the expansion, the company will build a plant to manufacture components for scientific ...
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The Government of West Bengal in India Introduces Branded Liquor in Tetra Packs
Apr 8, 2015The government of West Bengal in India is planning to introduce branded liquor in tetra packs in an attempt to stop sale of adulterated liquor. The Press Trust of India (PTI) quoted a source from the secretariat as saying that the ...
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CG Foodsrequire an Investment of Around Inr50bn to Ramp up Its Noodle Production Capacity
Mar 24, 2015Wai Wai noodles producer CG Foods is planning to ramp up its noodle production capacity in India, a move that could require an investment of around INR50bn ($801.4m). The investment will be used to establish two manufacturing units in ...
Tags: CG Foods, Noodle Production, Noodle
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DS Group Is Planning to Set up Five New Dairy Production Plants
Jan 13, 2015Indian conglomerate Dharampal Satyapal Group (DS Group) is planning to set up five new dairy production plants in the country, a move that will increase its capacity. The company intends to invest around INR2bn ($32.14m) in the expansion, ...
Tags: dairy production, butter, cheese, Agriculture
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United Spirits Has Secured Minority Shareholders' Approval to Produce
Jan 13, 2015Diageo-owned Indian alcoholic beverages subsidiary United Spirits has secured minority shareholders' approval to produce and sell Johnnie Walker whisky, Smirnoff vodka and other brands. The Press Trust of India reported that United ...
Tags: whisky, alcoholic beverages, Agriculture
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New England Brewing Apologized for Using a Picture of Late Indian Leader Mahatma Gandhi
Jan 8, 2015New England Brewing Company has apologized for using a picture of late Indian leader Mahatma Gandhi on its Gandhi-Bot beer cans. The move comes after a lawyer filed a petition in a court in the southern Indian city of Hyderabad, alleging ...
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Ashok Leyland Will Be Focusing on Non Truck Businesses and Exports
Aug 6, 2014Indian automobile manufacturer Ashok Leyland will be focusing on non truck businesses and exports, in an attempt to give a boost to the company’s growth. Press Trust of India reported Ashok Leyland managing director Vinod K Dasari ...
Tags: automobile, truck
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Indian State West Bengal Is All Set to Submit a Memorandum
Jun 24, 2014Indian state West Bengal (WB) is all set to submit a memorandum to the Center, in a bid to make jute packaging compulsory. West Bengal Labor Minister Purnendu Bose was quoted by Press Trust of India (PTI) as saying, "Jute packaging ...
Tags: Jute Packaging, West Bengal
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Ruchi Soya Is Evaluating Options to Foray Into The Ready-to-Cook Segment
Sep 24, 2013Ruchi Soya, an Indian-based food company, is evaluating options to foray into the ready-to-cook segment, especially in the breakfast category. A company source was quoted by Press Trust of India as saying, "Going forward, the company is ...
Tags: Ruchi Soya, Ready-to-Cook Segment
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Diageo Is Set to Sign an Agreement with India-Based Named United Spirits
Sep 17, 2013UK-based spirits maker Diageo is set to sign an agreement with India-based United Spirits, in which its owns 25.02% stake. Under the terms of the agreement, United Spirits will sell Diageo brands in India, effective October 2013. ...
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Hewlett-Packard Is Working on a New Smartphone
Jul 3, 2013Two years after virtually dropping out of the mobile business, Hewlett-Packard is working on a new smartphone, an HP executive told Press Trust of India. Asked if HP is working on a smartphone, Yam Su Yin, HP senior director of consumer ...
Tags: Smartphones, HP, Computer Products
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Tata Steel Is Planning to Begin Production From One of Its Iron Ore Projects
May 27, 2013India-based steelmaker Tata Steel is planning to begin production from one of its iron ore projects in Canada by the end of the current year, according to India's news agency Press Trust of India (PTI). This is expected to improve raw ...
Tags: Tata Steel, Iron Ore