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Innovation can create newer markets: Sanjiv Puri, ITC
May 25, 2017 |by indiafood forum | Comments Off on Innovation can create newer markets: Sanjiv Puri, ITC | FOOD & GROCERY | India Food Forum 2017, ITC, Sanjiv Puri“We are yet to see the best in the economy and once the economy picks up, consumption is bound to pick up and that is when will positively impact the growth of the FMCG sector for sure.”…READ MORE
KEEP READINGTo outrun rivals, ITC plans frequent facelift of its personal care products
April 27, 2017 |by indiafood forum | Comments Off on To outrun rivals, ITC plans frequent facelift of its personal care products | FOOD & GROCERY | ITCITC would re-position its personal-care products every 6-12 months and explore unconventional outlets for selling soaps, shampoos, or shower gels, as India’s most valued consumer company seeks to establish its leadership credentials in a segment it entered 12 years ago…READ MORE
KEEP READINGITC to launch new products, segments to topple Nestle, Britannia in packaged-foods industry
April 20, 2017 |by indiafood forum | Comments Off on ITC to launch new products, segments to topple Nestle, Britannia in packaged-foods industry | FOOD & GROCERY | Britannia, India Food Forum 2017, ITC, NestleIt plans to introduce about 40 new food products in the next year – a record for ITC – and sell premium chocolates and coffee through retail chains and online stores…READ MORE
KEEP READINGITC to launch new categories to spice up its food business
April 12, 2017 |by indiafood forum | Comments Off on ITC to launch new categories to spice up its food business | FOOD & GROCERY | India Food Forum 2017, ITCITC will not launch any new food brand. Instead, it will piggyback on existing ones for new launches and claims it has 5-6 new categories in its innovation funnel…READ MORE
KEEP READINGWhy ITC can do better than HUL in food business
March 31, 2017 |by indiafood forum | Comments Off on Why ITC can do better than HUL in food business | FOOD & GROCERY | HUL, India Food Forum 2017, ITCThere are lot of regional players doing well in foods, but very few national ones. So, how does the space looks like for the two largest FMCG players -HUL and ITC?…READ MORE
KEEP READINGNoronha, man who runs D-Mart, is worth Rs 900 crore
March 22, 2017 |by indiafood forum | Comments Off on Noronha, man who runs D-Mart, is worth Rs 900 crore | FOOD & GROCERY | D-Mart, Godrej Consumer Products, HUL, India Food Forum 2017, ITC, Neville Noronha, Sanjiv Mehta, Vivek Gambhir, Y C DeveshwarNoronha is now worth more than the combined value of the shares that Sanjiv Mehta, MD, HUL, Y C Deveshwar, chairman, ITC, and Vivek Gambhir, MD, Godrej Consumer Products, hold in their companies…READ MORE
KEEP READINGConsumer goods the No. 1 area where ITC is going to invest to scale up: Sanjiv Puri
September 5, 2016 |by indiafood forum | Comments Off on Consumer goods the No. 1 area where ITC is going to invest to scale up: Sanjiv Puri | FOOD SERVICE | India Food Forum 2016, ITC, Sanjiv PuriEvery time the government raises taxes on cigarettes, smokers are asked to cough up more for their sin. Some do it grudgingly; some struggle to kick the habit; while a substantial section switches to cheaper variants. But the kerbside retailer doesn’t ever complain. For him, consumption does not contract much nor do companies such as ITC Ltd drop retail margins to lighten the burden of the tax hike on consumers. The reason, says Sanjiv Puri, ITC’s chief operating officer, is that reducing trade margins will only lead to more proliferation in the sales of contraband, or tax-evaded cigarettes…READ MORE
KEEP READINGITC to launch new products, enter new categories: Sanjiv Puri
September 2, 2016 |by indiafood forum | Comments Off on ITC to launch new products, enter new categories: Sanjiv Puri | FOOD & GROCERY | India Food Forum 2016, ITCITC is likely to swamp the fast-moving consumer goods sector this year with a record number of product launches, venturing into new categories and deepening its presence in existing segments, said Chief Operating Officer (COO) Sanjiv Puri, who’s tipped to take over from YC Deveshwar early next year…READ MORE
KEEP READINGITC sues Britannia for allegedly copying biscuit packaging
August 24, 2016 |by indiafood forum | Comments Off on ITC sues Britannia for allegedly copying biscuit packaging | FOOD & GROCERY | Britannia, India Food Forum 2016, ITCITC has filed a case against Britannia Industries, claiming that the biscuit market leader’s NutriChoice Digestive Zero brand has copied the packaging of ITC’s Sunfeast Farmlite Digestive All Good biscuit…READ MORE
KEEP READINGITC to expand Sunfeast Yippee into the atta-based variant
July 27, 2016 |by indiafood forum | Comments Off on ITC to expand Sunfeast Yippee into the atta-based variant | FOOD & GROCERY | India Food Forum 2016, ITC, Sunfeast YippeITC is soon going to expand its Sunfeast Yippee! brand of instant noodles into the atta-based variant and will create a complete portfolio of such products including a multigrain one to build a heath quotient for a category which recently was shrouded in controversy regarding product safety…READ MORE
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