Snapshots of Food Industry News Goodricke: Right time to acquire tea gardens Goodricke Group is planning to spend around Rs.40 crores to acquire tea gardens in Assam. They feel this is the right time for this acquisition as prices of tea have fallen and reflectively the prices of tea estates will also be lower. Presently […]
Food Industry This Week – New Products & Market Expansions
Snapshots of Food Industry News Britannia signs joint venture with Greek Chipita for India Britannia has signed a non-binding Memorandum of Understanding (MoU) with Greek baker Chipita to make rolls, croissants and other dough products. Britannia has taken this step so as to take advantage of the growing urban domestic market that has developed a […]
Food Industry This Week – New Markets & New Product Introductions
Snapshots of Food Industry News Fabindia to launch herbal tea in China Fabindia is going to enter China with their herbal tea category by next year once they have the regulatory approvals. The Indian herbal tea is manufactured by the Lucknow based Organic India which makes organic food and supplements and Fabindia has 50 percent […]
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