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Heritage Foods makes for a good bite
August 29, 2016 |by indiafood forum | Comments Off on Heritage Foods makes for a good bite | FOOD & GROCERY | Heritage Foods, India Food Forum 2016Heritage Food offers a proxy play to the growing demand of packaged milk and milk products in the country fuelled by increasing urbanisation. The company has seen sustained financial performance and has bright growth prospects. An expected turnaround in its retail business will be an additional trigger for the stock which has given 80% returns in the last one year…READ MORE
KEEP READINGSnack Cos Face a ‘MILK SHAKE’
August 29, 2016 |by indiafood forum | Comments Off on Snack Cos Face a ‘MILK SHAKE’ | FOOD & GROCERY | India Food Forum 2016, snacksSnack companies such as Mondelez and PepsiCo may soon find dairy products to be their biggest competitors as health conscious consumers move increasingly towards nutritious foods and diary alternatives changing the very definition of ‘snacks’. India, which is the world’s top milk producer, is the ninth largest market for dairy products, according to a Euromonitor report…READ MORE
KEEP READINGNestle adds PRO-GROW to its a+ milk brand
August 29, 2016 |by indiafood forum | Comments Off on Nestle adds PRO-GROW to its a+ milk brand | FOOD & GROCERY | India Food Forum 2016, Nestle a+ PRO-GROWNestle India has announced the launch of NESTLE a+ PRO-GROW. This is the latest addition to the Nestle a+ brand and is said to have 20 per cent higher milk protein, specifically targeting growing children…READ MORE
KEEP READING24 Mantra Organic to reach 1 million households by 2020
August 29, 2016 |by indiafood forum | Comments Off on 24 Mantra Organic to reach 1 million households by 2020 | FOOD & GROCERY | 24 Mantra Organic, India Food Forum 2016The organic food company major 24 Mantra Organic plans to extend its reach to a million households through one lakh farmers with a total 5 lakh acres under cultivation by 2020…READ MORE
KEEP READINGRunnr gets a lifeline for a fresh dash
August 29, 2016 |by indiafood forum | Comments Off on Runnr gets a lifeline for a fresh dash | FOOD SERVICE | India Food Forum 2016, Roadrunnr, Runnr, TinyOwlFood delivery platform Runnr, which was formed after the merger of two of the most high-profile startups of last year, Roadrunnr and TinyOwl, has raised around $7 million from investors, according to three people familiar with the matter. Nexus Venture Partners and Blume Venture Partners have co-led this first round of funding in the newly formed entity…READ MORE
KEEP READINGLow GST rate should be applicable on processed foods: CII
August 29, 2016 |by indiafood forum | Comments Off on Low GST rate should be applicable on processed foods: CII | FOOD SERVICE | food processing industry, GST, India Food Forum 2016The daily food needs of common man, that are hygienically processed nutritious food should attract lower Goods and Services Tax (GST) rates than standard rates to keep the prices affordable, industry body CII said in its representation to the government…READ MORE
KEEP READING‘No drinking zones’ get mixed reactions from citizens
August 29, 2016 |by indiafood forum | Comments Off on ‘No drinking zones’ get mixed reactions from citizens | FOOD SERVICE | alcohol, India Food Forum 2016The recently-concluded monsoon session of the Goa assembly saw the state government introduce the Goa Excise Duty (Amendment) Bill, 2016, which has the provision to impose a fine of Rs 1,000, extendable up to Rs 10,000, on anyone found guilty of drinking in a ‘no alcohol consumption zone’, such as beaches, open spaces and roads. The idea is to curb public nuisances caused by drunken, rowdy behaviour and littering…READ MORE
KEEP READINGWhy restaurant chains are shutting down outlets and shifting to ‘cloud kitchen’
August 29, 2016 |by indiafood forum | Comments Off on Why restaurant chains are shutting down outlets and shifting to ‘cloud kitchen’ | FOOD SERVICE | cloud kitchen, India Food Forum 2016Several restaurant chains in the country are shutting down outlets and shifting focus to ‘cloud kitchen’, or kitchen-only operations with no dine-in facility, due to traditional challenges of rising costs and rentals, plus consumers increasingly preferring home delivery to eating-out…READ MORE
KEEP READINGMultiplexes fined for not selling popcorn by weight
August 26, 2016 |by indiafood forum | Comments Off on Multiplexes fined for not selling popcorn by weight | FOOD & GROCERY | India Food Forum 2016, Multiplex, PopcornThe legal metrology department penalized multiplex theatres in Centre Square on MG Road and Oberon Mall in Edappally for selling eatables and beverages without mentioning the volume and weight as per the law…READ MORE
KEEP READINGTobacco items, liquor bottles to carry warning against sale to kids
August 26, 2016 |by indiafood forum | Comments Off on Tobacco items, liquor bottles to carry warning against sale to kids | FOOD & GROCERY | India Food Forum 2016, liquor, TobaccoAll tobacco products, liquor bottles and outlets selling these products will soon have to carry a health warning that giving or selling intoxicants to a child is a crime punishable with up to seven years’ rigorous imprisonment and a fine of up to Rs 1 lakh, according to rules under the Juvenile Justice (Care and Protection of Children) Act, 2015…READ MORE
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