In FY23, Ghodawat Consumer (GCL), the fast-moving consumer goods (FMCG) division of Sanjay Ghodawat Group (SGG), reached an impressive milestone by exceeding INR 1600 crore in revenue. GCL’s dedication to innovation, customer-centricity, affordability, and quality has established a distinct brand image. As a result of these principles, GCL experienced a YoY growth of 20%, and aims to reach INR 2000 crore in revenue in FY24.
Initially focused on producing edible oils, Ghodawat Consumer (GCL) has since diversified its product portfolio to include staples and impulse categories. Today, GCL’s products, such as the popular ‘Star’ brand atta, edible oils, pulses, rice, salt, snacks, assorted namkeens, water, and ‘To Be Honest’ – real fruit and vegetable crunchies, have become household names in western and southern India.
Furthermore, GCL’s beverages category boasts top-selling products such as Fizzinga – carbonated drinks, Frustar – fruit drinks, Coolberg – non-alcoholic beer, and Rider – Energy Drink.
Ghodawat Consumer (GCL) produces all of its products in cutting-edge facilities that follow the most stringent manufacturing protocols. The company’s skilled team ensures that only top-quality raw materials and packaging are utilized to provide customers with the finest products possible.
Shrenik Ghodawat, Managing Director, GCL, said, “We are committed to changing the experience of everyday food, merging innovation and technology to provide consumers with fresh and wholesome products. Our unique marketing strategies, quality products, and expansion into new markets have helped us achieve this milestone. Our business model is focused on providing customers with affordable products, greater ROI for distributors, and ease of stocking for retailers. We strive to ensure that every consumer utilizes at least one product from GCL in their day. We will continue to focus on maximizing value for all our stakeholders.”
GCL has set a goal to achieve plastic neutrality and carbon neutrality by 2030, and to that end, the company has established manufacturing facilities that are powered by solar and wind energy, and utilize co-generation to generate electricity. By undertaking these efforts, GCL is demonstrating its dedication to creating a sustainable future for everyone.
Delhi-based FMCG company, Rage Coffee, known for its innovative packaged caffeine products, has introduced its latest product line featuring elegantly styled jars adorned with vibrant brand colors that evoke a sense of energy and inspiration.
The jars are designed with a V-shaped frame that symbolizes victory, embodying the winning attributes of the Rage Coffee brand. These jars reflect the characteristics of a “Rager,” including the courage to take risks, the drive to dream big, a determined work ethic, and a caring heart that challenges the status quo for what is right.
The revolutionary aspect of these jars is that they cater to coffee enthusiasts who are passionate about pursuing their dreams while also supporting sustainability in India. The Rage Coffee team dedicated over a year to research and development and conducted numerous trials to create the ideal coffee glass jar. This is a notable achievement, given that several industry leaders still rely on imported jars from other countries.
The new jar stands out for its sustainability, featuring a glass body with a metal lid that ensures airtight storage and aligns with eco-friendly packaging standards.
Bharat Sethi, the Founder and CEO of Rage Coffee, shared his excitement about the launch of these new jars, stating that, “Rage Coffee is truly Indian. It is made in India and made for India. With the introduction of our new packaging jars, we have taken the reflection of our virtues as a brand and the reflection of our nation to another level. Being a consumer-backed company, we have always found innovative ways of giving back to the community and society. It is very difficult to experiment with new glass jar shapes, as the order quantities, R&D costs, and the whole process are very difficult. We chose the road not taken and decided to sail against the wind and create something not done before in glass packaging.”
“These jars are vibrant and crafted for fueling victory for our community, called “Ragers” who win and live a passionate life every day. We hope to represent passion, energy, and positivity through our new and sustainable, bold, and 100% designed and manufactured in India.” Bharat concluded
Rage Coffee, one of the rapidly growing FMCG brands in India, has expanded its product line by introducing three new healthy snacks under the Rage Snacks brand: Coffee Peanut Bars, Caffeine Almond Bars, and Chocolate Oats Cookies. These snacks cater to health-conscious consumers, as they are gluten-free, made with natural premium ingredients, and free from preservatives and colorants. The snacks are convenient for on-the-go consumption, catering to the fitness-driven lifestyle.
Rage Coffee, backed by Indian cricket superstar Virat Kohli, is a fast-growing FMCG brand in India and offers the country’s first 100% plant-powered coffee infused with six plant vitamins. The coffee is made from 100% Arabica beans, sourced from India’s most renowned plantations, and is available in nine exciting flavors. With its delicious taste and vitamin-packed formula, Rage Coffee is the perfect way to start your day.
The UK witnessed the highest increase in food prices last month, surpassing the record of the past 45 years. This hike has led to inflation remaining above 10% for seven months in a row, exacerbating the cost-of-living crisis. As a result, there has been a surge of government worker strikes.
According to the Office for National Statistics, food prices surged by 19.2% during the twelve months leading up to February, marking the largest rise since August 1977. This announcement was made on Wednesday.
Consumer price inflation decreased to 10.1% overall, a drop from the previous month’s 10.4%, owing to the decline in gasoline and diesel fuel costs. Despite this decline, the March rate of inflation exceeded the economists’ predicted rate of 9.8%.
“The heat has been turned down on the bubbling cauldron of prices, but inflation is still scalding and interest rates look set to be pushed up again to try and cool it down rapidly,” said Susannah Streeter, Head of money and markets at Hargreaves Lansdown in London.
Amidst Russia’s invasion of Ukraine, the British government and Bank of England are finding it challenging to prevent inflationary pressures from becoming entrenched in the economy. In contrast to the UK, where inflation has been above 10% for eight out of the past nine months, the U.S. and the euro-sharing countries witnessed a slower inflation rate of 5% and 6.9%, respectively, last month.
As a result of double-digit inflation, public sector employees such as doctors, nurses, teachers, civil servants, and train drivers have gone on strike due to their wages being negatively impacted by the escalating cost of living.
In an attempt to control inflation, the Bank of England has sanctioned 11 back-to-back interest rate hikes, raising its key interest rate from 0.1% in December 2021 to 4.25% last month. This move has increased borrowing costs for both consumers and businesses.
Bournvita, a brand of health drink, has been in the spotlight lately due to allegations made by a social media influencer claiming that the age-old Cadbury health drink contains excessive amounts of sugar. The influencer’s video went viral, prompting the Mondelez India-owned company to refute the accusations on Monday. The company stated that the influencer’s video was “unscientific” as it “distorted facts and made false and negative inferences.”
Nithin Kamath, the CEO and Co-founder of Zerodha, weighed in on the current health issue by suggesting that health drink manufacturers should incorporate front-of-package food labelling. While refraining from mentioning Bournvita or any other specific health drink, Kamath stated that drinks brands should follow the guidelines proposed by FSSAI in their 2018 draft paper, which highlights the fat and sugar content on the front-of-package labelling.
“An intervention that could help people make healthier food & beverage choices is to have front-of-package food labelling, like FSSAI proposed in their 2018 draft paper,” he tweeted.
“Indicate fat, sugar, and salt per serving, and a warning if per serving percentage is beyond a percentage of the daily requirement,” Kamath wrote.
Kamath also said that food or drinks should be taken in moderation for healthy benefits. “Even the healthiest foods on the planet are healthy only when consumed in moderation,” he said.
An intervention that could help people make healthier food & beverage choices is to have front-of-package food labelling, like FSSAI proposed in their 2018 draft paper. Indicate fat, sugar, & salt per serving, & a warning if per serving % is beyond a % of daily requirement 1/3 pic.twitter.com/OqqhNge2OQ
In a video released on April 1st, influencer Revant Himatsingka alleged that Bournvita contained high levels of sugar, cocoa solids, and cancer-causing colourants. He further suggested that Bournvita’s tagline “tayyari jeet ki” be revised to “tayyari diabetes ki.”
As a result, the company issued a legal notice to Himatsingka, accusing him of spreading misinformation through his video.
On April 9th, Cadbury Bournvita released a statement declaring that each serving of Bournvita contained 7.5 grams of added sugar, which falls below the daily recommended sugar intake for children.
After deleting his video, Himatsingka apologized to the company. However, despite the removal of the video, it had already amassed 12 million views, and some iterations of the video continue to circulate on social media platforms.
Bournvita stated that it had secured the trust of Indian consumers over the last seventy years by producing scientifically formulated products that adhere to quality standards and comply with the country’s laws.
“We would again like to reinforce that the formulation has been scientifically crafted by a team of nutritionists and food scientists to offer the best of taste and health. All our claims are verified and transparent and all ingredients have regulatory approvals. All the necessary nutritional information is mentioned on the pack for consumers to make informed choices,” a Bournvita spokesperson was quoted by PTI.
To reassure its consumers, Bournvita emphasized that its formulation had been developed scientifically by a team of nutritionists and food scientists to provide a balance between great taste and health benefits.
“All our claims are verified and transparent and all ingredients have regulatory approvals. All the necessary nutritional information is mentioned on the pack for consumers to make informed choices,” it added.
In its statement, Bournvita additionally specified that the ideal way to consume the drink was by mixing it with a glass of 200 ml of hot or cold milk, as indicated on the packaging.
“All ingredients are safe, approved for use, and within permissible limits as per the regulatory guidelines,” it said.
Another claim:
Within a day of Himatsingka’s allegations, another scientist and liver specialist, known as The Liver Doc on Twitter, contested Cadbury’s assertions that Bournvita supports muscle and bone growth, improves immunity, and aids in brain development. The Liver Doc stated that these claims were misleading since there were no controlled studies to substantiate them.
On a Twitter thread, Dr. Philips stated that Cadbury’s claim of designing the product based on scientific research implied that there must be published studies supporting their assertions. However, the only research published that The Liver Doc could locate were those that corroborated Himatsingka’s assertions, which had been made in the now-removed video.
Of the four research papers discovered by Dr. Philips, one indicated that the caffeine content in Bournvita was greater than that found in other comparable cocoa-based products.
Another study identified that Bournvita’s color can alter due to inherent pH changes resulting from its “sugary” composition. A third study referred to the partnership between UNICEF and Cadbury as “sugarwashing.”
Instagram influencer, The FoodPharmer deleted his video, calling out the misleading information on Cadbury's Bounrvita product. Essentially, the product claimed improved brain activity, improved muscles, improved immune system and improved bone health.
In one of his tweets, Dr. Philips stated that Bournvita’s assertion of employing scientific techniques or research to support everything printed on their product is not supported by substantial evidence. Consequently, the claims made by Bournvita about aiding in muscle and bone growth, enhancing immunity, and improving brain development are misleading.
According to industry executives and analysts, the sales growth rate of companies in discretionary sectors, such as quick service restaurants, alcobev, apparel, and lifestyle products, is expected to be around 15%-20% during the January-March quarter. This marks a tapering off from the higher growth rates seen in recent quarters.
Furthermore, analysts noted that the quick service restaurant (QSR) industry continues to face a challenging demand environment due to subdued consumer sentiment and lower discretionary spending. As a result, the industry’s revenue is expected to decline sequentially, following the previous quarter, which benefited from the festival season.
Anjan Chatterjee, the Managing Director of Speciality Restaurants, has reported a decrease in dine-in business of 5%-15% across the industry, while observing that the phenomenon of “revenge eating” is now losing steam. This suggests a shift away from the trend seen in recent times where consumers were eager to make up for missed dining-out experiences during the pandemic.
“Pent-up demand cannot sustain forever and people are back to normal habits. However, the loss of dine-in is ably getting compensated by deliveries. And people are still indulging in dine-in during weekends and special occasions when restaurants are running at full capacity,” said Chatterjee.
In an investor note, Elara Capital has predicted that Jubilant FoodWorks is expected to report a decline of 2.5% in same-store sales during the fourth quarter, with flat like-for-like growth. On the other hand, Westlife Development may outperform its peers, as it has not witnessed a significant drop in footfalls. However, lower demand may impact the company’s revenue.
“Cost pressures persist in the dairy space, leading to an increase in prices of raw materials. Jubilant and Westlife are expected to report average revenue growth of 19.5 percent year-on-year, but a decline of 3.5 percent quarter-on-quarter,” said the Elara report.
Although the liquor segment had exceeded its pre-Covid sales last year, it is anticipated that its growth rate may slow down. The January-March quarter is seasonally weaker for the alco-bev segment, compared to October-December. Furthermore, a route-to-market change in Delhi could also put pressure on the segment’s growth.
“We expect our coverage of alco-bev companies to record 1.9% year-on-year revenue decline as we build on a 5 percent YoY revenue decline for United Spirits post divestiture of the popular portfolio,” said a report by Nirmal Bang.
“Demand peak in discretionary categories seems to be behind us. Elevated ticket sizes and store expansion coupled with normalising footfalls aided growth,” HDFC Securities said in a report. “However, in retail, many of these variables are now mean-reverting. In Q4, we are already seeing signs of reined-in expansion plans across categories and ticket sizes are also normalising.”
Apparel companies are likely to report high growth rates, which may be attributed to a weak base in the previous year. However, the overall demand trends in the apparel sector are expected to remain broadly unchanged.
“The industry has seen an impact of rising cotton prices in small towns as consumers are more price sensitive. We had a strong sales run during the second half last year, a trend which may not continue for every quarter. There will always be volatility in sales,” said Satyen Momaya, India CEO of French apparel brand Celio.
Subway, the sandwich chain, has signed five new multi-unit owner agreements in Texas, Florida, Arizona, and the mid-Atlantic as part of its smart growth development strategy.
The consolidation and transfer of more than 230 existing restaurants have occurred in 2023 as a result of the agreements.
As part of the agreements, Subway has committed to remodeling existing restaurants and opening new ones strategically in the upcoming years, to enhance the brand’s overall guest experience and provide a consistent high-quality dining experience throughout its system.
Trevor Haynes, President, Subway North America, said, “A key element of Subway’s multi-year transformation journey is attracting multi-unit owners with the vision, resources, operating expertise and passion for the Subway brand. All five multi-unit agreements are an excellent representation of the brand’s smart growth strategy coming to life and demonstrate the confidence operators have in our brand and future.”
Two seasoned QSR operators with experience managing other leading brands have joined the Subway family. Meanwhile, existing multi-unit owners are also investing significantly in the brand, with one acquiring over 100 existing restaurants, expanding their portfolio to more than 140 locations.
“Subway is an iconic brand that has undeniably refreshed every part of its business over the past few years with the introduction of new menu items, unique guest experiences and operational enhancements,” said Tim Foley, Managing Partner and Founder of EYAS Capital, one of Subway’s new multi-unit owners.
Subway is prioritizing smart growth to enhance franchisee profitability and safeguard its position in the market. The company plans to strategically open new locations and aims to increase new openings by approximately 35 percent in North America in 2023 compared to 2022.
Furthermore, Subway is committed to updating its image with relocations and renovations. In 2023, more than 3,600 locations across North America are slated to undergo remodeling, bringing the total number of restaurants with the current Subway image to over 10,000 by the summer.
Subway is forging partnerships with established and competent operators globally to strategically expand its presence in various markets worldwide. In 2022, the brand opened almost 750 new restaurants across the world, and in Q1 of 2023 alone, 145 new restaurants were added to its global portfolio.
Foodtech giant Zomato and RBL Bank have announced the discontinuation of their partnership for co-branded Edition credit cards. Effective from May 15th, the Classic and Black Edition cards will become non-operational for users.
“We wish to notify that the partnership between RBL Bank and Zomato Limited, our co-brand partner for RBL Bank Edition Classic Credit Card and RBL Bank Edition Black Credit Card is getting discontinued,” the bank said in a statement.
After May 15th, users will no longer be able to access the card dashboard on the Zomato app as the co-branded Edition credit cards will no longer be operational. Instead, RBL Bank will issue a replacement credit card called the “RBL Bank Shoprite Credit Card.”
Starting May 15th, RBL Bank will begin dispatching the new ‘RBL Bank Shoprite Credit Card’ to replace the existing Zomato Edition cards. Users will be able to avail all the benefits of the new card from the same date, and any outstanding dues or ongoing EMIs will be transferred to the new card, as per the bank.
Until May 14, Zomato customers can redeem all their cash back on the food delivery platform, after which any remaining balance will be automatically transferred to the new card by May 30.
The co-branded Edition credit cards, previously offered by Zomato and RBL Bank, provided users with 5-10% cashback on all spending through Zomato and Blinkit apps. The cards also enabled users to manage their cards and track spending within the Zomato app. Additionally, users could avail a complimentary Zomato Pro membership and access major domestic airport lounges.
The partnership between Zomato and RBL Bank for co-branded credit cards, Classic and Black Edition, has ended after three years. The deal was signed in March 2018 with Mastercard, and while the exact number of cards issued is unknown, it helped Zomato increase user loyalty while RBL brought in new customers for its fintech products.
Curiously, in January, Citibank and fintech startup Paytm terminated their co-branded credit card partnership.
Zomato’s decision to end its co-branded credit card offering is noteworthy, especially as other Indian startups are increasing their focus on such partnerships. Just a month ago, HDFC Bank and Flipkart Wholesale collaborated to introduce a co-branded credit card exclusively for Flipkart Wholesale members.
Prior to this, Tata New also entered into a partnership with HDFC Bank to introduce a co-branded credit card available in two variants.
Furthermore, in the same vein, Zomato’s rival Swiggy was reportedly discussing potential partnerships with various banks for a comparable program last year. It is also worth noting that Coca-Cola purchased an undisclosed stake of 15% in Thrive, a direct competitor of Zomato, on the same day that Zomato terminated its partnership with RBL Bank.
Tata Coffee Ltd posted a nearly 20 percent increase in its fourth-quarter profits on Tuesday, citing higher demand for hot beverages as a contributing factor in the sales growth of the coffee company.
In recent months, multiple coffee processors, such as Tata Coffee, have reported a rebound in demand from restaurants, cafes, and offices, as people begin to venture out more often.
The company, which exports to more than 40 countries, reported an approximately 11 percent rise in revenue from its value-added products business, amounting to INR 6.24 billion (USD 76.1 million). The unit encompasses the production and sale of roasted and ground coffee, as well as instant coffee products.
The company’s overall revenue from operations increased by 10.2 percent to INR 7.23 billion from INR 6.56 billion in the previous year. Additionally, the net profit rose to INR 488 million.
The company’s shares, which also provide supplies to Tata Starbucks outlets in India, closed 0.5 percent higher on Tuesday, reducing their decline to approximately 5 percent for the year.
Pa Pa Ya, the pan-Asian restaurant under the Massive Restaurants banner, has opened its first establishment in Malad’s suburb. The restaurant features a unique culinary and cocktail menu, catering to diners who enjoy exploring radical gourmet pan-Asian cuisine.
The design ethos of the brand is a fusion of Asian aesthetics and Indian influences, resulting in a vibrant and high-energy dining atmosphere. This concept extends to the newly opened restaurant, with interior design by Sidharth Ninan. The space is sleek and modern, seamlessly blending traditional Asian elements with contemporary design. The clever use of wood lends a creative touch to the decor, and the walls are carefully hand-painted with intricate attention to detail, creating a beautifully sculpted ambiance that enhances the overall dining experience for guests.
The menu is devised by Chef de Cuisine Rajesh Thakur, who has dedicated months of research and development to create distinctive flavor profiles for each dish. Staying true to the restaurant’s vision of presenting a chic, modern, and radical version of Asian cuisine, the menu features a fusion of culinary methods and cultural influences from various parts of the continent.
Speaking about the new outlet, Zorawar Kalra, Founder and Managing Director, Massive Restaurants Pvt Ltd, said, “More than an eatery, Pa Pa Ya is a space that encapsulates all the five senses into the dining experience, making each visit memorable and enthralling. The philosophy behind Pa Pa Ya is simple – offer stellar Asian cuisine paired with Asian-centric spirits. This is done through a mix of cutting-edge cooking techniques for it to be a perfect amalgamation of art and science. Pa Pa Ya redefines and further revitalises Asian cuisine, it is Asian cuisine.”
Building muscle is a challenging process, but it becomes even more difficult for some people. Hardgainers, also known as ectomorphs, are individuals who struggle to gain muscle despite consuming a calorie-dense diet and engaging in regular exercise. For these individuals, a mass gainer supplement can be a game-changer. Onelife’s Gluten-Free Lean Muscle Mass Gainer is one such product that promises to help hardgainers build muscle mass without any gluten.
In this article, we will discuss the concept of hardgainers, the importance of mass gainers for hardgainers, and the benefits of Onelife’s Gluten-Free Lean Muscle Mass Gainer. We will also look at the ingredients and nutritional information of the supplement and how to use it for maximum results.
Understanding Hardgainers:
Hardgainers are individuals who have a fast metabolism and find it difficult to gain weight and muscle mass. These individuals often have a lean body frame, small bone structure, and low body fat levels. They may also have a high tolerance for carbohydrates and struggle to consume enough calories to support muscle growth.
Hardgainers require a calorie surplus to gain muscle mass, which means they need to consume more calories than they burn. However, it can be challenging for them to consume enough calories through food alone. This is where mass gainers come in.
Importance of Mass Gainers for Hardgainers:
Mass gainers are supplements designed to help individuals consume a large number of calories in a single serving. They typically contain a blend of carbohydrates, protein, and fats that can help individuals meet their daily calorie and nutrient requirements.
For hardgainers, mass gainers can be a valuable tool in their muscle-building arsenal. These supplements can help them consume the extra calories they need to support muscle growth without overeating. Mass gainers can also help hardgainers avoid excessive amounts of fat and sugar that often come with calorie-dense foods.
Here is why you should consume Onelife’s Gluten-Free Lean Muscle Mass Gainer:
Onelife’s Gluten-Free Lean Muscle Mass Gainer is a supplement designed to help individuals gain lean muscle mass without any gluten. It contains a blend of high-quality protein, complex carbohydrates, and healthy fats that can help individuals meet their daily calorie and nutrient requirements.
The supplement comes in a 3kg pack, and each serving contains 50g of protein, 142g of carbohydrates, and 8g of fat. It is available in Belgium chocolate flavor and is suitable for both men and women.
Benefits of Onelife’s Gluten-Free Lean Muscle Mass Gainer
Onelife’s Gluten-Free Lean Muscle Mass Gainer is a high-calorie supplement designed to help hardgainers gain muscle mass. Here are some of the benefits of using this supplement:
a. Gluten-free: For individuals with gluten intolerance, finding a supplement that doesn’t contain gluten can be challenging. Onelife’s Gluten-Free Lean Muscle Mass Gainer is a safe option for those who need to avoid gluten in their diet.
b. High-calorie content: Each serving of Onelife’s Lean Muscle Mass Gainer provides a whopping 400 calories, making it easy to meet your daily calorie requirements and put on muscle mass.
c. Protein-rich: One of the key ingredients in this supplement is whey protein concentrate, which is a complete protein source that provides all the essential amino acids needed for muscle growth and repair.
d. Added nutrients: Onelife’s Lean Muscle Mass Gainer also contains essential vitamins and minerals such as calcium, iron, and vitamin D, which are important for overall health and muscle growth.
e. Delicious taste: This supplement comes in Belgium chocolate flavor, which tastes delicious and makes it easier to consume on a daily basis.
How to Use Onelife’s Gluten-Free Lean Muscle Mass Gainer
Before starting to use any supplement, it’s important to consult with a healthcare professional to ensure it’s safe for you to use. Once you’ve received the go-ahead from your doctor, here’s how you can use Onelife’s Gluten-Free Lean Muscle Mass Gainer:
a. Start slow: It’s important to start with a small serving size and gradually increase it to avoid any digestive discomfort. Begin with one scoop (50g) of the supplement mixed with milk or water.
b. Consume after a workout: The best time to consume this supplement is after a workout when your muscles need nutrients for growth and repair. Mix the supplement with milk or water and consume within 30 minutes of completing your workout.
c. Consume between meals: If you struggle to meet your daily calorie requirements, you can also consume this supplement as a snack between meals to increase your calorie intake.
d. Combine with a healthy diet: While this supplement can help you meet your daily calorie and protein requirements, it’s important to consume a healthy diet that includes a variety of nutrient-dense foods such as fruits, vegetables, whole grains, and lean proteins.
e. Exercise regularly: To see the best results from using this supplement, it’s important to engage in regular strength training exercises that target different muscle groups.
If you’re a hardgainer struggling to put on muscle mass, Onelife’s Gluten-Free Lean Muscle Mass Gainer can be a game-changer. With its high-calorie and protein content, as well as added essential vitamins and minerals, it’s an excellent supplement to support muscle growth and repair.
However, it’s important to remember that supplements should be used in conjunction with a healthy diet and regular exercise to see the best results. As always, consult with a healthcare professional before starting to use any supplement.
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