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Archives 2016

Big UK retailers looking for local partners in India, says Harsimrat Kaur Badal

September 15, 2016 |by indiafood forum | Comments Off on Big UK retailers looking for local partners in India, says Harsimrat Kaur Badal | FOOD & GROCERY | , , , , , ,

Several big retailers in the UK including Tesco, Sainsbury’s, Marks & Spencer, Partridges and Waitrose are keen to enter the food retail business in partnership with local players, food processing minister Harsimrat Kaur Badal has said…READ MORE

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Lower prices of pulses yet to reach consumer as retail rates still high

September 15, 2016 |by indiafood forum | Comments Off on Lower prices of pulses yet to reach consumer as retail rates still high | FOOD & GROCERY | ,

Now that supplies of both imported and domestic arrivals of pulses reaching the markets, the signs of prices cooling are obvious, yet the price gap between wholesale prices and retail prices of the pulses remains stark and consumers are yet to benefit…READ MORE

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Jubilant Food falls 10 pc as same-store sales decline

September 15, 2016 |by indiafood forum | Comments Off on Jubilant Food falls 10 pc as same-store sales decline | FOOD SERVICE | ,

As per a report by Business Standard, Jubilant FoodWorks’ stock crashed 10 per cent on Tuesday on the BSE as investors reacted sharply to the food service major’s poor same-store sales growth (SSG) numbers for the three months ended June 2016. Jubilant had declared its June quarter earnings last week, reporting a 3.2 per cent year-on-year decline in SSG, its lowest in seven quarters…READ MORE

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Huhtamaki snaps up second Indian packaging company

September 15, 2016 |by indiafood forum | Comments Off on Huhtamaki snaps up second Indian packaging company | FOOD SERVICE | , ,

Finnish packaging firm Huhtamaki has acquired a majority stake in Valpack, a privately held paper cup manufacturer based in Mumbai…READ MORE

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Foodservice disposables packaging market to hit 28.7 mn at 4.9 pc CAGR by 2022

September 15, 2016 |by indiafood forum | Comments Off on Foodservice disposables packaging market to hit 28.7 mn at 4.9 pc CAGR by 2022 | FOOD SERVICE | ,

According to Researcher, the Global Foodservice Disposables Packaging market is accounted for $20.4 million in 2015 and is expected to reach $28.7 million by 2022 growing at a CAGR of 4.9 per cent during the forecast period. In the Global Foodservice Disposables Packaging market retailing will be the highest growing market. Demand for disposable foodservice packaging will be fostered by quick global expansion in the limited service restaurant sector, which depends heavily on single-use packaging. Ample of opportunities are provided by the growing fast food industry…READ MORE

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This startup uses robots to grab a slice of pizza

September 15, 2016 |by indiafood forum | Comments Off on This startup uses robots to grab a slice of pizza | FOOD SERVICE | ,

Zume Pizza, a startup which began delivery in April, is using intelligent machines to grab a slice of the multi-billion-dollar pizza delivery market…READ MORE

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India to review US FDA’s ban on antibacterial soap

September 14, 2016 |by indiafood forum | Comments Off on India to review US FDA’s ban on antibacterial soap | FOOD & GROCERY | ,

A week after the US Food and Drug Administration (FDA) banned the use of certain compounds in antibacterial hand and body wash products, India’s Central Drug Standard Control Organization (CDSCO) is set to deliberate whether their use in India poses a public health hazard that requires a closer look, two CDSCO officials said on condition of anonymity…READ MORE

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Consumer packaged goods revival to lag other consumption sectors

September 14, 2016 |by indiafood forum | Comments Off on Consumer packaged goods revival to lag other consumption sectors | FOOD & GROCERY | ,

The consumer packaged goods industry has been hoping for a substantial increase in consumption, helped by a good monsoon, increased government spending and Seventh Pay Commission payouts…READ MORE

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Allowing a little of non-food would have been nice: Walmart India CEO

September 14, 2016 |by indiafood forum | Comments Off on Allowing a little of non-food would have been nice: Walmart India CEO | FOOD & GROCERY | , ,

US retail giant Walmart is still evaluating India’s policy of allowing 100 per cent foreign investment in food retail even as not allowing any non-food item makes it tough to create a competitive model, Walmart India CEO Krish Iyer has said…READ MORE

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Eat that! None of Mumbai’s 400 Iyengar bakeries are real

September 14, 2016 |by indiafood forum | Comments Off on Eat that! None of Mumbai’s 400 Iyengar bakeries are real | FOOD SERVICE | ,

None of the city’s Bangalore Iyengar bakeries are original and all are in trouble now, with the real owners from Bengaluru deciding to patent the term lyengar Bakery’ in order to curb rampant misuse of their trade name…READ MORE

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