Ethnic drinks brand Paper Boat seems to be slowing down finally after sailing high for almost seven years, as health-conscious consumers cut back on sugary products in a slowing economy…READ MORE
KEEP READINGTaking a cue from the sweet success of Sofit in India, Hershey has introduced the brand in its home country. The US’ No.1 chocolatier acquired Sofit, a soy milk beverage in India, from Godrej in 2012. The product has been test-launched as nutritional bars…READ MORE
KEEP READINGPackaged consumer goods maker Sri Sri Tattva has firmed up plans to leverage the franchisee route for nationwide expansion of its physical retail stores…READ MORE
KEEP READINGDiet Coke is getting a makeover to try and reverse slumping sales for the sugar-free soda. Coca-Cola Co. says it is adding a slimmer 12-ounce Diet Coke can, refreshing the logo and offering the 35-year-old drink in four new flavors, including mango and ginger lime…READ MORE
KEEP READINGItalian Nutella maker Ferrero SpA is nearing a deal to acquire Nestle SA’s U.S. confectionery business for about $2.8 billion…READ MORE
KEEP READINGFrench dairy company Danone SA has finally decided to close down its dairy business in India, after three failed attempts to make a mark in one of the world’s fastest growing consumer packaged goods markets…READ MORE
KEEP READINGBritannia Industries Ltd is looking at reducing prices for some of its super-premium biscuits in order to attract more consumers and boost business…READ MORE
KEEP READINGHaving received the government’s approval to invest $500 Mn in its food retail business, Amazon is reportedly gearing up to sell locally made and packaged food from March onwards, this year…READ MORE
KEEP READINGMondelez said its Indian business will be crucial to building its global e-commerce sales as the maker of Cadbury and Oreo strives for $1 billion in online sales by 2020…READ MORE
KEEP READINGExotic sauces and spreads have been gaining momentum in the Indian market across the food service and the domestic segments. Veeba started the supplies of these products as a B2B player by focusing their supplies majorly to the food service segment…READ MORE
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