You are here: Home » Companies » News
Starbucks paid its median worker $12,754 a year and 52 pounds of coffee
Lenders may put McNally's debt under Project Sashakt to resolve bad loans
Business Standard

Despite steep valuations, local food brands top draw for big companies

Branded salty snacks in India, according to industry estimates, is pegged at around Rs 25,000 crore

Topics
Prabhat Dairy  |  Fssai  |  Hindustan Unilever

Viveat Susan Pinto  |  Mumbai 



FOOD
In the last six months to a year alone, there have been at least four major deals involving local snacks and dairy firms

Home-grown food seem to be the flavour of the season. Global food major Kellogg’s interest in desi brand Haldiram’s is just one of the many potential deals in the sector, say experts, as local firms look to cash out in a growing market. Snacks and dairy, in particular, are two areas where investor interest remains high as national and international food eye a bigger foothold in these segments despite steep valuations.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.


We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Sun, February 17 2019. 00:11 IST

.