PepsiCo to Set up Snacks Plant in Uttar Pradesh PepsiCo India will set up greenfield snacks manufacturing plant in Uttar Pradesh with a total investment of around Rs 514 crore over the next three years and will help create 1,500 direct and indirect jobs. The company has signed a memorandum of understanding (MoU) with representatives […]
Food Industry This Week – Acquisitions and New Products & Outlet Openings
Hindustan Unilever to acquire Adityaa Milk Brand Ice-cream Hindustan Unilever Ltd (HUL) has signed an agreement with Vijaykant Dairy and Food Products Ltd (VDFPL) to acquire their ‘Adityaa Milk’ brand ice cream and frozen desserts as well as the distribution network for an undisclosed sum. VDFPL will manage the business until the transaction is completed, […]
Food Industry This Week – Investments, New Products & New Outlets
Snapshots of Food Industry News Walmart to open Half a Dozen More stores in Uttar Pradesh US retailer Walmart will soon open six more stores in Uttar Pradesh to add to the existing four stores, two in Agra and one each in Meerut and Lucknow. Walmart sees Uttar Pradesh as a priority growth region and […]