Snapshots of Food Industry News
ITC’s Fabelle luxury chocolate boutiques to open in Delhi and Kolkata soon
Kolkata-based FMCG major, ITC Ltd, that makes the Fabelle luxury chocolate brand, has decided to open Fabelle stores outside the premises of its hotels. Presently ITC sells these premium chocolates in seven of its hotels in boutique stores. By September end Delhi and Kolkata will each have one ITC Fabelle store for which the spaces have already been identified. ITC has selected their own spaces is this first phase so as to ensure quality and the right kind of experience to consumers.
Limiting Fabelle to select company-owned hotels was effective and has helped the brand to establish itself in the luxury market. Therefore, last year ITC indicated that it had plans to now take the luxury chocolates outside its hotels. They have been since scouting around for the right kind of spaces keeping in mind the brand’s premium status and visibility factor. The company has considered select malls as well as Wills Lifestyle stores for Fabelle as these have greater accessibility and visibility.
Superfoods from Peru enter the Indian market
Superfoods from Peru are known for being nutritious foods rich in vitamins, minerals, amino acids, and antioxidants. According to a statement issued by OCEX Peru, the Commercial Office of the Embassy of Peru, regular consumption of these foods is known to increase energy and vitality, regulate cholesterol and blood pressure and help fight certain diseases. Some of the Peruvian superfoods available in India are
There a number of fruits from Peru available in India like Peruvian Avocados which contain good fats, 20 vitamins, and ears. It is rich in calcium and phosphorus so helps in the development of bones. Sacha inchi is known as the Inca peanut and is a rich source of Omega 3, 6, and 9. It helps balance cholesterol and triglycerides, regulate weight and reinforce mental capacity. Camu which is from a tree found underwater is a rich source of vitamin C and strengthens the immune system, skin, and eyes.
Purple corn has been farmed since pre-Hispanic peri minerals, including 150mg potassium and over 2-gram dietary fib orange fruit rich in carbohydrates and beta-carotene. It is known to strengthen immunity and reduce re Lucuma is a yellow the possibility of heart attacks. Maca resembles a small rough stone the size of a walnut. It has been cultivated for 3000 yods because of its anti-inflammatory capabilities, ability to inhibit carcinogens and has the potential to control diabetes. Peruvian Quinoa is an Andean plant which originated in the area surrounding Lake Titicaca in Peru and Bolivia and has a history of 5,800 years. It is a pseudo-cereal but is gluten-free has twice the amount of proteins than any other cereal, and is rich in fiber. Quinoa became popular when the UN declared 2013 as the International Year of Quinoa.
Blendhub to open a second hub to host food powder blends for the domestic market
Premium Ingredients Food Services India, a part of Blendhub, will open its second hub in Chennai to host food powder blends for the domestic market and introduce CloudBlending in Asia. CloudBlending is a new business model boosting end-to-end supply chain system and giving companies access to food powder blends anywhere in the world at the best price. The business model Blendhub is introducing in the Indian market is supported by a global network of hubs connected in the cloud. It offers know-how from a worldwide community of thousands of agri-food professionals. The new Indian plant is a part of Blendhub’s growing network that will localize 40 hubs in the coming years.
As a complete solution, Blendhub allows Indian companies to use and sell powder blends, position themselves in the market and to launch new products globally. The Blendhub business model is a unique ‘pay per use’ model and does not need initial investment but allows businesses to solve manufacturing challenges, such as product development, personalization, and adaptation to new niches, logistics, and formulation. The CloudBlending service model offers clients choices to produce their own formulations or use Blendhub’s formulation team and community support. They can also choose between using Blendhub’s raw material providers or gain access to its ecosystem. CloudBlending is a global and customized solution that offers the world sustainable solutions in feeding a growing population with limited resources.
Gulabs launches Mini Pickles in lemon and mango variants
Gulabs which makes hand-crafted Indian snacks has launched Mini Pickles in three flavors lemon, sweet mango, and mango in 20-gram packs. The pickles are handmade from old recipes and contain no artificial colors. In fact, the lemon pickle is 100% oil free. Gulabs Mini Pickles are available at retail and online stores. The lemon and mango pickle is priced at Rs.10, whilst the sweet mango variant is priced at Rs.15. The Mini Pickles target the frequent travelers and those who carry packed food from home. The innovative packaging ensures that the flavors are retained in the best possible manner.
People & Placements
N Chandrasekaran appointed Chairman of Tata Global Beverages
Tata Global Beverages Ltd has appointed N Chandrasekaran as Chairman with immediate effect as Harish Bhat has stepped down from this post. N Chandrasekaran is presently head of Tata Sons and took over after Cyrus Mistry’s ouster. Besides being appointed as Chairman of TGBL N Chandrasekaran was also been made Additional Director.
TGBL’s total consolidated income for fiscal 2016=17 stood at Rs.6, 862.65 crores. It has tea brands like Tata Tea, Tetley, Good Earth Teas, Vitax, Teapigs and JEMCA and has a presence in 40 countries. The coffee segment of the company owns brands like Eight O’ clock, Grand map. N Chandrasekaran has expressed his confidence in TGBL has said that it is a strong player in the FMCG segment.