Snapshots of Food Industry News Tremendous growth in the Indian online delivery industry in 2016 According to a research firm RedSeer, India’s online food delivery market grew by more than 150 percent in 2016. The growth has been achieved despite low investor sentiment and scaling down of operations by players and some even shutting down […]
Food Industry This Week – Partnerships, New Products And Bread Scare
Snapshots of Food Industry News Ruchi Soya sells stake in Ruchi Kagome Foods India The FMCG firm, Ruchi Soya has sold their entire stake in the joint venture that was composed of various companies for Rs.63 crore. They have already entered into a Termination Agreement and Share Purchase Agreement with Kagome Co and others which […]
Food Industry This Week – Food Exports, JVs & Outlet Expansions
Snapshots of Food Industry News Ruchi Soya to Bring Japan’s Edible Oils to India in 2016 Ruchi Soya Industries will introduce Soybean Germ Oil in India with the help of Japan’s edible oil major J-Oil Mills and global trading firm Toyota Tsusho Corporation. The joint venture will not only expand the portfolio of the company […]