Snapshots of Food Industry News PepsiCo to Set-up a Chips Unit in Uttar Pradesh PepsiCo is going to set up a new (greenfield) potato chips production unit in Uttar Pradesh with an investment of Rs 814 crore. The unit will be set up on about 35 acres of land provided by the State Industrial Development […]
Food Industry This Week – Acquisition & Business Expansion
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, […]