Page 2 - Beverages

Haldiram's seeks to buy Indian chips maker Prataap Snacks: Report

The talks are at an early stage and a valuation has not been discussed, though it could be at a premium to Prataap's stock price

Starbucks plans to double stores in India as coffee consumption booms

The global coffee giant wants to operate 1,000 stores in India by 2028, and the focus will be in so-called tier-2 and tier-3 cities - those outside of its biggest metropolises

Double-digit volume growth in beverages category in India: PepsiCo

Indian FMCG major Dabur had said that it expects to register a mid to high-single-digit revenue growth due to a mild summer and slightly deficient monsoon

PepsiCo bets on price hikes to again raise annual profit forecast

PepsiCo and rival Coca-Cola have been largely shielded from the effects of price hikes due to their near-domination of the global carbonated drinks market

Coca-Cola India introduces 100% recycled PET bottles for carbonated drink

Beverages major Coca-Cola on Wednesday said it has introduced 100 per cent recycled PET bottles for its carbonated beverage supporting the circular economy. The company has introduced recycled PET (polyethylene terephthalate) bottles in pack sizes of 250 ml and 750 ml across several markets in India, said a statement from Coca-Cola India. These rPET bottles are being manufactured by Coca-Cola bottling partners - Moon Beverages and SLMG Beverages Ltd, it added. "The bottles made from 100 per cent food-grade rPET (excluding caps and labels) have an on-pack call to action "Recycle Me Again" message and will also drive consumer awareness with "100% recycled PET bottle" displayed on the pack," it said. These rPET bottles are crafted from food-grade recycled polyethylene terephthalate. The plastic is recycled as per the technologies approved by the USFDA and European Food Safety Authority (EFSA) for food-grade recycled material and repurposed into new PET bottles, reducing the need for .

Third Wave Coffee raises $35 mn in series C funding round led by Creaegis

Third Wave Coffee is present in several major Indian cities, including Bangalore, Mumbai, Delhi, Gurgaon, Pune, Hyderabad, Noida, Coonoor, and Chandigarh

Global food, beverage market shrinking since start of year: Nestle

Large consumer goods companies have grown sales through sharp price rises in recent quarters, and many have suffered declines in volumes

Industry body seeks investigation on WHO's processed food report

Currently, all carbonated drinks carry a 28 per cent tax rate coupled with a 12 per cent sin tax, totaling 40 per cent

Muttiah Muralitharan's Ceylon Beverages to set up plant for cans in Dharwad

The company had earlier sent a proposal to the Karnataka government for setting up aluminium cans and beverages filling plant

Coca-Cola registers Q1 volume growth in India despite 'challenging' summer

Soft drinks major The Coca-Cola Company on Thursday said it has registered growth in the beverage market in India despite having a challenging summer with rains, its Chairman and CEO James Quincey said. In the June quarter, China was affected due to specific local conditions and recovery was slowed in the second quarter. Consumer confidence is below the pre-pandemic level, he added. "In India, business was unfairly impacted because of unseasonal rain and cooler temperature of the quarter. However, the growth remained intact," Quincey said in an earnings call. Inflation is still elevated in some markets and impacting consumers in several geographies, making the consumer to be value-conscious. In some markets, it has started to moderate. "Five of our top 40 markets are currently experiencing over 20 per cent annual inflation," he said. In the June quarter, the company witnessed a growth in the unit case volume in developing and emerging markets like India and Brazil, said an earning

What the WHO listing of aspartame means for the 'diet' soft drink habit

Aspartame is an artificial sweetener that is 200 times sweeter than sugar, but without any kilojoules

Even with smaller incentives by Centre, daily orders on ONDC touch 30,000

ONDC's majority of retail orders come from the food and beverage category, with a small amount coming from the grocery category

Tata Starbucks adds bite-sized food, small portions beverages to its menu

Beverages to start at Rs 185 and food at Rs 160

Muttiah Muralitharan's Ceylon Beverages to fill Campa cans for Reliance

The co-packing partnership has already been signed, and the two companies are close to signing the deal to set up manufacturing units in India for Campa soft drinks

Reliance Consumer, udaan partners for distribution of Campa beverages

B2B e-commerce company udaan on Thursday said it has entered into a partnership with Reliance Consumer Products for pan-India distribution of beverage brand Campa's range of products. RCPL's (Reliance Consumer Products Ltd) range of Campa beverages will be initially available in over 50,000 retailers and kirana stores, which will gradually expand to over 1 lakh retailers and kirana stores in the next two months, udaan said. "We believe that the large retailer base combined with a cost-effective distribution network places udaan in a unique position to serve the needs of RCPL for deeper market penetration for the 'Campa' range across Bharat," udaan's Head for FMCG Business Vinay Shrivastava said. Under this partnership, RCPL has made available three new Campa flavours -- Cola, Orange, and Clear Lime -- under various consumption ranges and price points. "To create awareness about the availability of the Campa range on the platform, udaan will work on various retailer promotions to dr

FMCG demand goes up in February, as stores stock up for summer

Demand in South India, however, still remained slightly weak as summer stocks are yet to be replenished

Tata Consumer says still in talks with Bisleri Int'l for majority stake

If this deal, estimated at Rs 6,000-7,000 cr goes through, it would become the largest in the Indian FMVG, surpassing HUL's April 2020 acquisition of Horlicks from GSK for Rs 3,045 cr

Thums Up, Maaza to go global as Coca Cola bets on 'Indian' flavours

Coca Cola is also being very 'open-minded' about two other India-created flavours, Maaza Aam Panna and Fanta Apple Delite

Cheers to coffee: How to pick up the best brew for your home pleasure

Instant, special, or traditional blends: Indians' choice for their daily cup keeps increasing

Sula Vineyards soars 10% on heavy volumes post Q3 sales update

The company said it recorded highest-ever quarterly gross billings overall, both for its own brands as well as wine tourism revenues in Q3FY23.