UK’s Sykes, India’s Royale Marine in shrimp processing JV

UK supplier Sykes Seafoods has announced a joint venture with the India’s Royale Marine ImPex to build a new plant in India to source 3,500 metric tons of shrimp annually…READ MORE

How sustainable diets will future-proof the foodservice sector

Foodservice companies promoting sustainable food and diets will enjoy a greater boost to their business in the longer term, according to a recent WWF report. The report is the result of a three-year partnership between WWF-UK, the Food Ethics Council and catering company Sodexo. Catering for Sustainability urges foodservice firms to pilot sustainable menus, remove unsustainably sourced ingredients and share best practices across the industry…READ MORE

Zomato’s unit economics for food delivery in India

Let’s zoom in and look at the unit economics of Zomato’s online ordering business in India, and how things look for them in the future…READ MORE

Give us this day our daily bread

As controversy plagues foods again, brandification will bridge the trust deficit, critical for stakeholders…READ MORE

HUL’s ethnic brand exports turnover crosses 1k cr

The export turnover of Hindustan Unilever’s (HUL) ethnic brands like Kissan, Bru, Lakme, Brooke Bond and Pears has crossed Rs 1,000 crore. These brands are distributed and marketed among the Indian diaspora in international markets by HUL’s wholly owned subsidiary Unilever India Exports…READ MORE

Rotten food: Future Group asked to pay 1 lakh compensation

Leading retailer, Future Group, has been asked to pay Rs 1 lakh as compensation for selling insect-infested cereals, pulses and rotten vegetables to a consumer through their store in a mall in Maradu. Upholding the order of the Consumer Dispute Redressal Forum, Ernakulam, the Kerala State Consumer Disputes Redressal Commission also directed them “not sell or offer for sale any sub-standard food or contaminated food articles through their outlet”…READ MORE

KFC is making a major change to fix one of the biggest problems in the fast-food industry

KFC is ready to speed up service, thanks to new technology.

On Wednesday, the chain officially announced it was rolling out mobile payment, with system-wide adoption expected to be completed by the end of the summer. With the new payment system, customers can pay with Apple Pay, Android Pay, and Samsung Pay both in stores and at drive-thrus…READ MORE

Walmart to partner with Uber, Lyft for pilot grocery delivery programme

Walmart has announced plans to team up with Uber and Lyft on a pilot grocery delivery programme, in a fresh challenge by the US retail giant to Amazon. The big retailer said it would test the “last-mile” delivery with the two ride-sharing groups as well as the delivery startup Deliv in San Jose, California, and Denver, Colorado…READ MORE

Danone looks to ramp up India presence

Danone India Pvt. Ltd, the maker of Danone yogurts and Farex baby food, is looking at ramping up its India business, following the merger of its two India units of nutrition and dairy into a single entity in July last year…READ MORE

KKR India set to invest Rs600 crore in Kwality

KKR India is set to invest about Rs.600 crore in Kwality Ltd, the largest dairy firm in India outside government control, according to two people close to the development. KKR India, the local arm of the New York-based buyout firm, will invest through a structured debt transaction, one of the two people said, declining to be identified…READ MORE