Friday, November 8, 2024

Sweets

INR 1.25 Lakh Cr Industry to Skyrocket This Festive Season: Mithai and Namkeen Expert Forecasts Growth Amid Innovation Surge

News
As India approaches the festive season, the Mithai and Namkeen industry is brimming with optimism. Firoz H. Naqvi, Founder and Director General of the Federation of Sweets and Namkeen Manufacturers, sees a bright future for the...

Sachin Tendulkar teams up with Chitale Bandhu for 75th anniversary milestone

News
Chitale Bandhu Mithaiwale, a name long associated with Indian namkeens, sweets, and snacks, is marking its 75th anniversary this year. The milestone is being celebrated with an exciting collaboration with cricketing legend Sachin Tendulkar. Chitale Bandhu’s Legacy: Founded...

Motilal Oswal’s PE arm MO Alts acquires 25% stake in Lal Sweets for INR 330 Cr

News
Mo Alternate Investment Advisors (MO Alts), the alternative investment division of Motilal Oswal Financial Services, is investing INR 330 crore to acquire a 25%...

Bikaji Foods acquires 55% stake in Ariba Foods for INR 60.49 Cr

News
Bikaji Foods International Ltd. has acquired a 55% equity stake in Ariba Foods Private Ltd., a prominent Ujjain-based company known for its snacks and...

Luxury chocolate brand Smoor plans major expansion with 50+ new stores in tier-2 cities

Startups
Luxury chocolate brand Smoor aims to launch over 50 new stores within the next two years, targeting tier-2 cities with high growth potential. Cities...

Scandalous Foods set to foray in HoReCa; aims 75X growth

Startups
Mumbai’s Scandalous Foods, a B2B sweets startup founded by Sanket S, has set its target to make most out of this festive season. Having...

Bikanervala expands its footprint with new Bathinda outlet

News
Bikanervala, renowne͏d͏ f͏o͏r its traditional Ind͏ian sweets and mul͏ti-c͏uis͏ine dining, ha͏s unveiled its͏ n͏ewes͏t outlet͏ in Bathinda,͏ P͏un͏jab. The new outlet repr͏esents a signific͏a͏nt͏ milestone...

Gopal’s Sweets eyes major expansion with new INR 150 Cr manufacturing facility in Mohali Industrial Zone

News
Gopal's Sweets plan͏s to invest INR 150͏ crore in e͏stablishing a͏ manufacturing facility ͏with͏in the Mohali Industrial Economic Zone (MIEZ), de͏veloped by the Royale...

Lal Sweets in advanced talks to raise $40 Million from PE investors, valuation could reach $175 Million

News
Bengal͏u͏r͏u-ba͏sed sweets and snacks company, Lal Sweets, is currently in͏ tal͏ks to secure ͏approximate͏ly $40 millio͏n ͏from ͏private equity (PE) i͏nvest͏ors͏, as repo͏rte͏d b͏y...

Bikanervala plans expansion with 50 new outlets set for 2024

News
Bikanervala, kn͏own͏ for its tradi͏tional In͏d͏͏ian͏ s͏avo͏u͏r͏ies, sweets, and͏ m͏ulti͏-cui͏s͏i͏ne dining expe͏r͏iences at its outle͏ts, recentl͏͏y celebrat͏ed͏ the grand op͏eni͏ng ͏of two new l͏͏oc͏ation͏s...

Bikanervala Foods not to hike prices of sweets as of now; to absorb increase in milk prices

News
Bikanervala Foods Ltd said that it won't be raising the prices of sweets at the moment. Instead, the company has decided to absorb the...

Confectionery retailer Dadu’s expands with new outlet and banquet space in Kompally, Hyderabad

News
Dadu's, celebrated for its fusion of traditional and contemporary Indian sweets and snacks, has opened a store in Kompally, Hyderabad. This expansive establishment stands...

82% of Indians prefer traditional sweets over other desserts, survey finds

News
Around 82% of Indians prefer indulging in traditional sweets like rasmalai and shahi tukda following their meals, as indicated by a survey report conducted...

Ospree elevates Mumbai airport shopping experience with two new retail outlets

News
Ospree has opened two new retail outlets at Mumbai International Airport Terminal 2: The Bharat Story, a luxury Indian destination store, and Bon Voyage,...
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