Nars Cosmetics debuts in India, set to unveil first boutique in New Delhi this November

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October 19, 2023

Nars Cosmetics (Representative Image)

Nars Cosmetics, a global makeup brand under the ownership of Shiseido, made its official entry into the Indian market with an announcement on Wednesday. The brand is set to open its first boutique in India at Select CityWalk Mall, New Delhi, in November, as stated in a press release.

“Nars is thrilled to launch in India, a thriving market that holds immense potential for our brands. With a growing demand for premium cosmetics and passionate beauty consumers who are influenced by global beauty trends and self-care, Nars is excited to bring innovative and high-quality products that will empower our fans and enhance their self-expression,” said Barbara Calcagni, president, Nars Cosmetics, Drunk Elephant, and Tory Burch Fragrances.

Nars Cosmetics can now be found at specific Shoppers Stop and Sephora outlets throughout the nation, as well as for online purchase at www.shoppersstop.com and www.sephora.nnnow.com.

“This is a proud and much-awaited moment for us at Shiseido Asia Pacific as we expand our presence in a dynamic and vibrant market like India with the launch of Nars Cosmetics,” said Nicole Tan, chief executive officer at Shiseido Asia Pacific.

“Through our strong distribution partnership with Shoppers Stop, we are looking forward to expanding our consumer reach with our omnichannel presence across the country. We have bold ambitions for Nars Cosmetics in India and are confident that we will bring more excitement and empowerment through beauty to the Indian beauty market, starting from this festive season,” Tan added.

Shiseido Asia Pacific, headquartered in Singapore, is a prominent beauty retail company that boasts a diverse portfolio of brands. This portfolio includes Shiseido, Clé de Peau Beauté, Nars, Drunk Elephant, Elixir, Anessa, and d program.

“Through our partnership with Shiseido, we are excited to introduce the globally renowned brand, Nars Cosmetics, to our valued Indian customers. We will continue to deliver a world-class makeup experience to beauty enthusiasts in the country while allowing our customers to embrace this new era,” said Biju Kassim, chief executive officer, Beauty at Shoppers Stop.

Makeup artist and photographer François Nars established Nars Cosmetics in 1994, initially introducing the brand with a collection of 12 lipsticks.

India allows export of over 10 Lakh tonnes of non-basmati white rice to seven countries

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October 19, 2023

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On Wednesday, the government announced its approval for the export of 1,034,800 metric tons of non-basmati white rice to seven countries, which include Nepal, Cameroon, and Malaysia. This export authorization is facilitated through the National Cooperative Exports Limited (NCEL), as stated in a notification by the Directorate General of Foreign Trade (DGFT).

While a ban on non-basmati white rice exports was implemented on July 20 to enhance domestic supply, exceptions are made to permit exports to specific countries upon government approval, primarily to fulfill their food security requirements and upon request.

“Export of non-basmati white rice… to Nepal, Cameroon, Cote D’ Ivore, Guinea, Malaysia, Philippines, and Seychelles is notified,” it said.

The allocated quantities for the respective countries are as follows: Nepal (95,000 tonnes), Cameroon (190,000 tonnes), Cote D’ Ivore (142,000 tonnes), Guinea (142,000 tonnes), Malaysia (170,000 tonnes), Philippines (295,000 tonnes), and Seychelles (800 tonnes).

Govt extends curbs on sugar exports beyond October 31 to boost domestic supply

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October 19, 2023

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The government on Wednesday again extended restrictions on sugar exports beyond October 31 this year, a move aimed at increasing the availability of the commodity in the domestic market during the festive season.

Earlier, the restrictions were imposed until October 31 of this year.

“Restriction on export of sugar (raw sugar, white sugar, refined sugar, and organic sugar) is extended beyond October 31, 2023. Other conditions will remain unchanged,” the directorate general of foreign trade (DGFT) said in a notification.

Nevertheless, it should be noted that these limitations will not apply to sugar intended for export to the European Union and the United States within the scope of CXL and TRQ duty concession quotas. A defined quantity of sugar is exported to these regions through CXL and TRQ (tariff rate quotas) mechanisms.

India holds the title of the world’s leading sugar producer and the second-largest sugar exporter. To export sugar, which falls under the restricted category, an exporter must obtain a license or government permission.

The government has been continuously monitoring the situation in the sugar sector, including production, consumption, exports, and price trends in wholesale and retail markets all over the country.

Starbucks adapts to growing competition in China with launch of new smaller cup size

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October 19, 2023

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In an effort to draw in more customers amidst increasing competition in China, Starbucks, the prominent American coffee chain, has introduced a new, smaller cup size, targeting its second-largest market.

Launched on Tuesday across its network of 6,500 stores, the 259ml cup is a key addition to Starbucks’ recently unveiled “Intenso Collection.” This cup allows for a higher espresso-to-milk or cream ratio, intensifying the flavor compared to the larger cup sizes. It’s available for 33 yuan ($4.51).

It is approximately one-third smaller than the 355ml “tall” cup, which begins at a base price of 30 yuan, yet larger than the company’s most compact “short” size, which holds 236 ml.

According to Ben Cavender, who serves as the Managing Director and leads the strategy division at China Market Research Group, Starbucks’ latest product launch is a strategic move aimed at consistently providing “innovative options” in the market, specifically targeting dedicated coffee enthusiasts.

“These probably won’t appeal to everyone but are a relatively easy line extension to implement,” he said.

This development coincides with Starbucks’ domestic competitors, like Luckin Coffee and Manner Coffee, which is backed by ByteDance, aggressively expanding and swiftly introducing new products.

These brands have garnered considerable consumer attention through partnerships, including Manner Coffee’s collaboration with the renowned French luxury brand Louis Vuitton and Luckin’s introduction of a liquor-infused latte in conjunction with China’s Kweichow Moutai. An insider familiar with the situation revealed that Starbucks’ novel cup size, a debut in China, is presently exclusive to mainland China, with its availability abroad contingent upon customer feedback.

Back in August, Starbucks reported a notable resurgence in China, as the easing of COVID restrictions led to increased demand in the catering and tourism sectors. The company has set a target of expanding its store count in the country to 9,000 by the year 2025.

Cabinet approves up to 9% hike in MSP of wheat, other major Rabi crops

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October 19, 2023

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The Cabinet Committee of Economic Affairs on Wednesday approved the increase of up to 9 per cent in the Minimum Support Prices (MSP) for all mandated Rabi crops for marketing season 2024-25.

The maximum MSP raise has been granted for lentil (masur) at INR 425 per quintal, with rapeseed and mustard receiving an increase of INR 200 per quintal.

An increase of INR 150 per quintal has been sanctioned for both wheat and safflower.

Barley will see an increase of INR 115 per quintal, while gram will receive an approved raise of INR 105 per quintal.

The MSP hike for the prescribed Rabi crops for the marketing season 2024-25 aligns with the commitment made in the Union Budget of 2018-19, which aimed to set the MSP at a minimum of 1.5 times the All-India weighted average cost of production.

The anticipated margin over the All-India weighted average cost of production stands at 102 percent for wheat, followed by 98 percent for rapeseed & mustard, 89 percent for lentil, 60 percent for gram, 60 percent for barley, and 52 percent for safflower.

The heightened MSP for Rabi crops will guarantee profitable returns to farmers and encourage the diversification of crops.

India’s foodgrain production hits record high of 329.7 million tonnes for 2022-23 season

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October 19, 2023

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According to the latest data released by the Ministry of Agriculture and Farmers Welfare, India has achieved a remarkable record in foodgrain production for the 2022-23 season. The total foodgrain production is estimated to be 3296.87 lakh tonnes, marking a significant increase of 140.71 lakh tonnes compared to the 3156.16 lakh tonnes produced during the previous year (2021-22).

In the 2022-23 season, foodgrain production has exceeded the five-year average (2017-18 to 2021-22) by an impressive 308.69 lakh tonnes.

The rice production for the 2022-23 season is projected to reach an all-time high of 1357.55 lakh tonnes, which is 62.84 lakh tonnes more than the 1294.71 lakh tonnes produced in the previous year.

The wheat production for the 2022-23 season is anticipated to reach a historic high of 1105.54 lakh tonnes, representing an increase of 28.12 lakh tonnes compared to the previous year’s wheat production of 1077.42 lakh tonnes.

The production of Nutri/Coarse Cereals is projected to be 573.19 lakh tonnes for the 2022-23 season, showing a notable increase of 62.18 lakh tonnes compared to the 511.01 lakh tonnes produced in the previous year (2021-22).

The total production of pulses for the 2022-23 season is expected to be 260.58 lakh tonnes, reflecting an increase of 14.02 lakh tonnes compared to the average pulses production of 246.56 lakh tonnes over the last five years.

Total Oilseeds production in the country during 2022-23 is estimated at record 413.55 Lakh tonnes which is higher by 33.92 Lakh tonnes than the oilseed production during 2021-22.

Total production of Sugarcane in the country during 2022-23 is estimated at 4905.33 Lakh tonnes. The production of sugarcane during 2022-23 is higher by 511.08 Lakh tonnes than the previous year sugarcane production of 4394.25 Lakh tonnes.

Production of Cotton is estimated at 336.60 Lakh bales (of 170 kg each) which is higher by 25.42 Lakh bales than the previous year’s cotton production.

Production of Jute & Mesta is estimated at 93.92 Lakh bales (of 180 kg each).

SLMG Beverages launches 100% recycled PET bottles for Coca-Cola in India

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October 19, 2023

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SLMG Beverages, a prominent member of the Ladhani Group and an authorized franchise bottler for Coca-Cola in India, unveiled a groundbreaking initiative on Wednesday by introducing 100% recycled PET bottles for the renowned cola brand.

In a statement, the company emphasized that this strategic leap not only underscores SLMG’s commitment to environmental responsibility but also marks a significant turning point in the beverage industry’s trajectory within India.

“By significantly limiting its consumption of virgin PET, SLMG Beverages is reducing its carbon footprint, seamlessly aligning with the Indian government’s ambitious target of 25 per cent recycled resin by April 2025 PET,” it said.

The company stated that it provides 90% of Coca-Cola bottles in Uttar Pradesh, a complete 100% supply in Uttarakhand, and also maintains a presence in Bihar and Madhya Pradesh. In Uttar Pradesh, it operates seven plants with a daily production capacity of 41 crore bottles.

The company serves over 300 million individuals through a network of 1.5 million outlets and a distribution system comprising more than 1,500 distributors, extending to rural areas. It has achieved remarkable success with its bottling franchises across all four states, encompassing the entire northern region of India.

“The introduction of Coca-Cola bottles made from 100 per cent recycled food-grade PET is a remarkable milestone in the beverage industry that underscores SLMG Beverages’ resolute commitment to environmental stewardship,” said S N Ladhani, Chairman and Managing Director of SLMG Beverages.

The recycled PET bottles will be available in 250 ml and 750 ml pack sizes and invite consumers to actively participate in this environmentally conscious initiative.

Made from 100 per cent food-grade PET (excluding caps and labels), the bottles feature the “Recycle Me Again” prompt, which can be read on the packaging.

Ladhani said, “When Coca Cola re-entered the Indian market, we produced the first Coca-Cola bottle in India then and are now proud to be the first bottler in India to launch the Coca-Cola brand in 100 per cent recyclable PET bottles.” Vivek Ladhani, the executive director at SLMG Beverages, said PET plastic bottles have value beyond their first life. “Recycled PET is a big step in the right direction towards making the circular economy for plastic a reality in India,” he said.

SLMG Beverages officials earlier this week met with UP government’s chief secretary Durga Shankar Mishra in Lucknow.

“We encourage all food industries in the state of Uttar Pradesh that use plastics to use proven and approved technologies so that the plastic can be recycled and reused for direct food packaging to help reduce PET bottle littering,” the top UP bureaucrat said.

SLMG Beverages recently announced that it aims to achieve a turnover of Rs 10,000 million by 2025, and plans to open two new plants this year and triple its capacity by 2030, to meet the growing demand for beverages in India.

SLMG Beverages has been associated with Coca-Cola for more than 30 years, according to the statement.

Siemens redefines Indian cooking with innovative iQ700 ovens featuring integrated camera technology

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October 19, 2023

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BSH Home Appliances, a subsidiary of the globally renowned BSH Hausgeräte GmbH in the home appliance industry, is thrilled to announce the debut of the iQ700 series of built-in ovens under the Siemens brand in the Indian market. This innovative range is a game-changer for Siemens, featuring a pioneering integrated camera that is set to revolutionize the culinary journey for households in India. With a host of advanced capabilities and a stylish design, the iQ700 ovens are poised to establish fresh benchmarks for smart cooking in India, rendering them the perfect selection for both cooking enthusiasts and those new to the art.

These contemporary and high-performing ovens come in the standard 60 x 60 cm size, ensuring they cater to a range of consumer choices. Inside the oven, two energy-efficient LED lights ensure perfect illumination, granting a transparent view of the cooking process, all without the necessity to open the oven door. Additionally, the Home Connect feature empowers users to manage oven programs through Voice Control, their smartphone, tablet, or a touch display using the Home Connect App.

Saif Khan, MD and CEO, BSH Home Appliances India said, “We are truly excited to introduce the Siemens iQ700 ovens in India which pave the way for the future of cooking with an array of industry-first features. For over a century, Siemens has been synonymous with innovation, quality, and precision in the world of home appliances. With the iQ700 range, we are not only continuing this rich tradition but also redefining it for the digital age. With this latest addition, we invite you to embark on a journey that combines the trusted heritage of Siemens appliances with the limitless possibilities of the future. At BSH Home Appliances, we are committed to enhancing your everyday life, and the Siemens iQ700 ovens are a shining example of that commitment. We ensure that with this new range, the kitchen takes care of the cooking and our customers can take care of their friends and family!”

The integration of a camera within the Siemens iQ700 ovens heralds a new era of convenience in Indian kitchens. It empowers users to remotely monitor the cooking process via a smartphone app or other connected devices. This functionality proves exceptionally valuable for overseeing food preparation from different areas of the home or even when away from it. The camera delivers a clear view of the culinary creation, ensuring precise control over browning levels—making it a perfect choice for dishes requiring meticulous timing and browning, such as roasts or baked goods. Additionally, this camera capability holds appeal for food bloggers and professional chefs, as it enables them to craft time-lapse videos of the cooking journey. Furthermore, the camera streamlines the process of remote diagnostics for technical support, thereby reducing the necessity for in-person service calls.

The Home Connect App notifies users when the dish has reached perfection and autonomously shuts off the oven, ensuring a seamlessly delightful cooking experience. These ovens are further equipped with state-of-the-art technologies, including cookControl Pro, bakingSensor Plus, and roastinSensor Plus, elevating the satisfaction of baking and roasting to unprecedented levels.

Organic Harvest expands beauty range with innovative organic makeup collection

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October 19, 2023

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In the ever-evolving realm of India’s retail beauty industry, Organic Harvest, the leading certified organic beauty brand in the nation, has taken a bold step into the domain of color cosmetics. With the launch of their latest makeup collection, Organic Harvest presents a carefully crafted range of beauty solutions, all proudly showcasing certified organic components. The brand continues to uphold its steadfast dedication to delivering formulations free from toxins and cruelty, ushering in a novel perspective on makeup that places a premium on skin health and environmental welfare. This seamlessly harmonizes with the surging desire for eco-conscious and secure beauty alternatives.

Acknowledging the mounting apprehensions of conscientious consumers regarding the adverse impacts of chemical-laden beauty merchandise, Organic Harvest has introduced a line of cosmetics that are clean, sustainable, and geared towards delivering tangible results, effectively reshaping the traditional beauty paradigm. These offerings are meticulously crafted with a focus on preserving skin health, all while maintaining their performance standards. Backed by an engaging digital video campaign featuring the acclaimed actor and Brand Ambassador Nimrat Kaur, Organic Harvest is at the vanguard of a beauty industry revolution, seamlessly fusing premium natural ingredients with state-of-the-art beauty technology. This milestone represents a significant stride towards a fresh and ethical outlook on makeup.

Sukhleen Aneja, CEO of Good Brands Co said, “The launch of Organic Harvest’s inaugural makeup range signifies our commitment to clean, ethical, and sustainable beauty. We aim to empower individuals to embrace their natural beauty while making conscious choices for our planet. Beauty, in our belief, should be as pure as nature itself, and this makeup range encapsulates that ethos. It’s about looking good while feeling good, and that’s what Organic Harvest represents. We are thrilled to add this exciting range to our portfolio and share it with our customers.”

Rahul Aggarwal, Founder of Organic Harvest added, “We are delighted to introduce Organic Harvest’s first-ever makeup range, expanding our dedication to clean and organic beauty. Our journey has always been about redefining beauty with a conscience, and now our customers can enjoy cosmetics that not only enhance their appearance but also promote skin health. We are excited to introduce this line, and we firmly believe it will revolutionize how people perceive organic beauty.”

Nimrat Kaur, Actor and Brand Ambassador for Organic Harvest said, “Having been associated with Organic Harvest for some time now, the makeup range represents an exciting and positive step toward a more sustainable future in the beauty industry. I’m absolutely delighted to be part of the digital video campaign and witness the launch of their first-ever makeup range, a collection beautifully blended from organic goodness with cutting-edge cosmetics. With Organic Harvest’s products, consumers can not only enhance their beauty but also contribute to a greater good, thereby shaping a future where conscious beauty decisions are the norm.”

Organic Harvest’s latest makeup line is meticulously crafted to elevate and nourish the innate beauty of the skin. This collection comprises six unique product categories, featuring 12 shades of Matte Lipstick, 8 shades of Matte Liquid Lipstick, 3 shades of BB Cream, 3 shades of Matte Compact, as well as Kohl and Liquid Eyeliner. These offerings are thoughtfully designed to cater to the varied preferences of today’s discerning consumers.

INNISFREE India celebrates 10th anniversary with rebranding and exciting product launch

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October 19, 2023

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INNISFREE India, celebrated for its skincare products inspired by the beauty of nature, commemorated its 10th Anniversary with festive events in Delhi and Mumbai. During these special occasions, the brand unveiled its revitalized image and introduced the highly anticipated INNISFREE Vitamin C Green Tea Enzyme Brightening Serum.

The beloved Korean beauty brand, INNISFREE, has unveiled an enchanting transformation, encapsulated by the tagline “Clean Island, where clean nature and healthy beauty coexist harmoniously.” This fresh concept beautifully embodies what has made INNISFREE a global favorite among beauty enthusiasts, bringing them closer to embracing the pure beauty of nature. The rebranding effort includes a rejuvenated visual identity, an enhanced website, and the long-awaited introduction of exciting new products.

In celebration of this significant milestone, INNISFREE organized a captivating evening at HOME in Delhi. The event included an exclusive masterclass conducted by Ishan Sardesai, a renowned aesthetic surgeon and the founder of The Face Centre. During the session, he imparted invaluable knowledge about the advantages of Vitamin C Serum and how it serves as a comprehensive solution for nurturing and maintaining radiant skin.

The evening was graced by esteemed guests from New Delhi, who enjoyed delectable hors d’oeuvres and beverages courtesy of Samsara Gin and Jimmy’s Cocktail. INNISFREE also introduced its exclusive collaboration with Frozen Fun Gelato, presenting a limited edition Green Tea Matcha flavored gelato. The event included a delightful floral station by Fresh Flowers, where guests could create their own bouquets. To ensure lasting memories of the INNISFREE event, instant photographs were distributed to the attendees.

In Mumbai, the festivities unfolded at The TIRA Beauty Store located in Jio World Drive, BKC. Ayesha Kanga, celebrated for her vibrant persona, graced the event to share her insights into her collaboration with the brand. Eminent personalities from the industry added to the event’s allure. INNISFREE collaborated with The Flower Shop Bloom and Hola Candle for interactive activities, allowing guests to craft their own bouquets and customize their candles.

Mini Sood Banerjee, Assistant Director and Head of Marketing at AmorePacific India mentioned, “INNISFREE has come a long way, with a celebrated 10 years success in India, the brand has truly been loved and supported by you all. We’re very proud to unveil the fresh new identity, with our new launch THE VITAMIN C GREEN TEA BRIGHTENING ENZYME SERUM. We hope to celebrate another decade of INNISFREE with our brand friends and customers.”

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