Move over, millennials—Gen Z is aging into the dining-out scene, and these kids have some very different tastes and behaviors. The oldest Gen Zers were born in 1998, the same year as Google’s birth. This means they’ve grown up having endless information at their fingertips, making them more informed, inquisitive consumers…READ MORE
KEEP READINGKhanaGadi provides food delivery service at 200 railway stations across India and clocks 100-150 orders per day. It aims to serve 1,000 customers a day by next year…READ MORE
KEEP READINGCoffee Day Enterprises, which runs coffee chain under brand Cafe Coffee Day, today said its subsidiary Sical Logistics plans to raise Rs 100 crore through issuance of non convertible debentures (NCDs) on private placement basis…READ MORE
KEEP READINGCavinKare is the first company to foray into this segment, company CMD CK Ranganathan told reporters…READ MORE
KEEP READINGIn 2015-16, the cookie segment, which includes brands such as Mondelez’s Bournvita biscuits, Britannia’s Good Day and ITC’s Delishus, contributed 30% to the overall market and grew by more than 13% over the previous year…READ MORE
KEEP READINGHome grown dairy major Amul has moved two steps up in the list of top 20 milk processors of the world. The Gujarat Co-operative Milk Marketing Federation (GCMMF) – the body that markets brand Amul – has been ranked 13th amongst the top milk processors in 2016 by the International Farm Comparison Network (IFCN), a global dairy research network…READ MORE
KEEP READINGWhile the wheels of food truck progress seem to be turning more slowly in noncommercial segments like senior living and healthcare (just 4% of hospital operators reported using food trucks in FoodService Director’s 2016 Healthcare Census), these days it seems just about every high school and university on the block has a branded truck of its own. Nationwide, food trucks saw $1.2 billion in revenue in 2015—a 12.4 per cent growth in the past five years …READ MORE
KEEP READINGFoodservice equipment (FSE) are equipment used for handling or processing food right from peeling to grinding, cooling to roasting, among others, for commercial purpose. FSE find widest application in full service restaurants, followed by quick service restaurants. Foodservice equipment has gained wide acceptance among various food outlets in developed countries and adoption is increasing at a significant rate in developing regions…READ MORE
KEEP READINGWe are at the beginning of the most radical transformation of our food industry since the Green Revolution. Until now, food innovation — including agricultural production, processing, distribution and retail — happened in the laboratories and strategy shops of a few select multinationals. These approaches to innovation have been proprietary, consolidated and designed to maximize shareholder interests. But as the Internet democratizes virtually every industry, like healthcare, media and education, it’s becoming increasingly clear that a more holistic future is possible…READ MORE
KEEP READINGWhen you go out to eat at a restaurant, you might have noticed that the different taxes and charges in the bill outnumber items that you ordered. Now be prepared to find another entry to this already long list. A new cess has been implemented from 1 June, the Krishi Kalyan Cess, and it is being levied at the rate of 0.5 per cent on all taxable services, including restaurant bills. This cess is levied to collect funds for development of the agriculture (krishi) industry…READ MORE
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