GEA receives order to build Asia’s largest milk production plant in India

imagesSource: Business Standard, July 18, 2017

Mumbai: Global equipment and process technology provider GEA on Tuesday said it has received an order from the AmulFed Dairy, a unit of Gujarat Co-operative Milk Marketing Federation (GCMMF), to build milk production facility in Gandhinagar, Gujarat.

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Indian liquor in high spirits

download (2).jpgSource: The Economic Times, July 13, 2017

Indian liquor continues to dominate the top 100 spirits brands worldwide in 2016 despite the overall slowdown and increasing prohibition.

Three local whisky brands figure within the top 10 with Officer’s Choice continuing to be the second largest spirits brand in the world, according to a July International Wine and Spirits Research (IWSR) report.Despite regulatory challenges such as demonetisation, liquor bans in various regions including Bihar, Officer’s Choice Whisky continued to maintain its stronghold in its home market by a huge margin. It continues to lead with 40% market share in the regular whisky segment,” said Jeetendra Hemdev, ED at Allied Blenders and Distillers (ABD). Read the rest of this entry »

Two mega food parks to come up in Kerala at an outlay of Rs 250 crore

Source: The Economic Times, June 09, 2017

KOCHI: Kerala will witness the launch of two mega food parks (MFP) with a total outlay of nearly Rs 250 crore on June 11.

The MFP at Alappuzha focusing on seafood will be set up with an outlay of Rs 130 crore by Kerala State Industrial Development Corporation (KSIDC) at the industrial growth centre in Cherthala. The MFP at Palakkad will come up at an investment of Rs 119 crore in the industrial park of Kerala Industrial Infrastructure Development Corporation (Kinfra) at Kanjikode

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Food retail reforms: Narendra Modi government mulls relaxing FDI rules

Source : Financial Express, May 11 2017

The government is considering a proposal to ease foreign direct investment (FDI) guidelines in the retailing of food products to allow a certain percentage of locally-produced non-food items along with the edible products. Food processing minister Harsimrat Kaur Badal told FE her ministry has suggested that a foreign retailer be allowed to sell locally-produced non-food items worth 25% of its investments at the farm-gate level. However, a final decision will likely be taken after comprehensive consultations among ministries, including commerce and industry, food processing, and finance.

The move to relax the rule comes after several global retailers such as Walmart, Tesco, Metro Cash and Carry and Auchan Group conveyed to the government their willingness to set up shops here, provided the rules are relaxed to add more items to the shelves, official sources had told FE early last month.

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FSSAI to bring new regulations for organic foods

indexSource: The Economic Times, Feb 09, 2017

NEW DELHI: The Food Safety and Standards Authority of India (FSSAI) will soon come out with a draft regulation fororganic foods to ensure safety across thevalue chain through proper certification of such products, a top official said today.

The food regulator also plans to make it mandatory for hotels and restaurants to keep one trained and certified food safety supervisor, FSSAI CEO Pawan Agarwalsaid.

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Calorie is new MRP for packaged food

Source: The Economic Times, Jan 03, 2017

MUMBAI: As consumers become more mindful about what they eat, ‘calorie’ count is the new ‘MRP’ for packaged food products. Traditionally, nutritional information is printed on the back of a product pack, while MRP (maximum retail price) is used as the unique selling proposition for the price-sensitive consumer.

Now, to engage with the new-age, calorie conscious consumer, marketers are turning conventional wisdom on its head and displaying nutritional information on front of the pack. Some players are highlighting low calorie count to promote products.

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Ramdev plans to set up mega food park in Rajasthan

index.jpgSource: The Economic Times, Nov 09, 2016

JAIPUR: Yoga guru Ramdev today announced plans to set up a mega food park in Rajasthan and said his Patanjali group, which is entering into dairy and spices segments, can buy farm produce worth Rs 5,000-10,000 crore from farmers in the state.

“I along with Patanjali will support Rajasthan Chief Minister in all her endeavours. The company is entering into milk industry and Patanjali would be keen to make Rajasthan a part of its journey,” Ramdev said at the Global Rajasthan Agritech Meet here.

“Patanjali is coming in large scale in spices. We will purchase them from Rajasthan and other states and process,” he said. He added that besides spices, the company will also make available cow milk.

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