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Lotte Wellfood to Invest INR 200 Crore in new manufacturing unit in Haryana, eyeing expansion and premium brand positioning
Lotte Wellfood, a Korea-based FMCG company, has announced its plan to set up a new manufacturing unit in Haryana for the production of Lotte...
Hindustan Coca-Cola Beverage’s Karnataka plant becomes first carbon-neutral facility in India and Southwest Asia
Hindustan Coca-Cola Beverage Pvt Ltd, a prominent FMCG company in India, announced on Wednesday that its bottling facility in the Bidadi Industrial Area in...
FHRAI seeks infrastructure status, simplified approvals, and GST reduction in pre-budget proposals for India’s hospitality sector
On Wednesday, the Federation of Hotel & Restaurant Associations of India (FHRAI) outlined a series of pre-budget expectations with the goal of reshaping the...
After four years of R&D, Kikkoman launches exclusive dark soy sauce tailored for the Indian market
For the first time in its 350-year history, Kikkoman is launching a dark soy sauce crafted exclusively for the Indian market.Demonstrating a dedication to...
Gems and jewellery industry urges rollback of increased gold customs duty in interim budget, calls for streamlined tax structure
The gems and jewellery industry is pressing for the rollback of the increased basic customs duty (BCD) on imported gold in the upcoming interim...
Consumer goods giants navigate fluctuating commodity prices, impacting product pricing and demand recovery strategies
Major consumer goods firms such as Hindustan Unilever (HUL), ITC, Maruti Suzuki, and Parle Products have reported fluctuations in certain commodity prices. According to...
Marico’s digital-first brands on track to achieve ‘meaningful profitability’ by 2027, CEO Saugata Gupta sets ambitious goal
Marico Ltd. is set to achieve "meaningful profitability" in its portfolio of digital-first brands within the next three years, according to Saugata Gupta, the...
CURRYiT disrupts market norms with the launch of India’s first 100% natural, preservative-free Ginger Garlic Paste
CURRYiT, a highly cherished food startup, is delighted to introduce India's first Ginger Garlic Paste without any preservatives or additives. This innovative product disrupts...
Aquaconnect secures $4 Million in Pre-Series B funding led by S2G Ventures to fuel growth and innovation in Indian aquaculture
Aquaconnect, a Chennai-based full-stack aquaculture startup, has raised $4 million (INR 33 crore) in a Pre-Series B funding round led by US-based S2G Ventures.The...
Arvind faces fifth consecutive quarterly revenue decline amidst lackluster prices and diminished demand in casual and denim market
On Tuesday, Arvind Ltd, a leading player in the casual and denim market, announced a decline in revenue for the fifth consecutive quarter. This...
FMCG companies anticipate inflation-focused measures in upcoming budget to boost consumption and rural growth
Despite the early signs of recovery, the FMCG industry faced significant inflationary pressures, especially in the mass consumption segment. In anticipation of the February...
Swiggy reports robust 40% revenue growth to INR 8,264 Cr in FY23, despite net loss crossing INR 4,000 Crore mark
Swiggy, the Bengaluru-based food delivery giant, saw its net loss cross the INR 4,000 Crore threshold for the financial year ending on March 31,...