Top Ramen gets New Partner Mitsubishi, the Japanese conglomerate has picked up a stake in Indo Nissin Foods. Indo Nissin makes Top Ramen instant noodles in India. The 34% stake that Mitsubishi has includes voting interest in Nissan Foods Holdings and will look into local noodles in India, Singapore, Thailand and Vietnam. Maggie Noodles is […]
Food Industry This Week – Expansions & Splits
Amul Looks to Expand in East India Gujarat Cooperative Milk Marketing Federation (GCMMF) that makes Amul milk will invest Rs.250crore to set up the biggest processing plant near Kolkata. The plant will serve Kolkata and its vicinity and will produce milk and lassi and have a capacity of 10lakh litres of milk a day. They […]
Food Industry This Week – Commodity Exchange, Internet Promotions & Business Expansions
FMCG Companies must take advantage of online shopping trends According to a joint report by Google and Bain & Company, FMCG companies are going to make more sales online in India by 2020. This is because internet use will reach a bigger audience, including more women and people from rural areas. Many FMCG companies are […]