Page 2 - India Food Sector

Jharkhand's over 25K FPS dealers join nation-wide 'Ration Bandh' agitation

Over 25,000 fair price shop dealers from Jharkhand on Monday joined the nation-wide indefinite 'Ration Bandh' call given by All India Fair Price Shop Dealers' Federation (AIFPSDF). The strike might impact over 65 lakh beneficiaries covered under national and state food security schemes in Jharkhand, if it goes long, an office bearer of the dealer association said. General secretary of Jharkhand unit of Fair Price Shop Dealers Association (FPSDA) Sanjay Kundu told PTI that the 'Ration Bandh' call has been given in protest against the Central Government's failure to ensure a minimum monthly income guarantee for the dealers and some other issues. "The agitation has been called to press for various demands of the FPS dealers such as ensuring minimum monthly income guarantee of Rs 50,000 for dealers, implementing the recommendations of World Food Program and allowing distribution through e-PoS device by inserting aadhaar number of the cardholders in case of emergency," he said. Kundu sa

Bikano enters branded spice segment with new sub-brand 'Swad Anusar'

Snacks and sweets maker Bikano has forayed into the branded spice market, a category witnessing fast growth in the last few years. Bikano, the renowned brand under Bikanervala Foods Pvt Ltd, has launched a new sub-brand, 'Swad Anusar' under which it is set to introduce a range of blended spices, the company said in a statement. Bikano will partner with spice farmers and suppliers to ensure quality and sustainability and adhere to relevant certifications from regulatory bodies such as FSSAI, ISO, HACCP, and GMP. Commenting on the development, Bikano Director Manish Aggarwal said, "Our snacks and namkeen have always been cherished for their unique blend of spices that make them enticing and delicious. This inspired us to expand our horizons and offer the same experience to daily meals. Thus, the launch of our Bikano spices sub-brand, Swad Anusar, comes as a natural progression." In the last few years, several leading FMCG companies such as Dabur, Emami, Tata Consumer Products Ltd and

Punjab govt giving major push to food processing sector: CM Bhagwant Mann

Punjab Chief Minister Bhagwant Mann has said that the state government is giving a major push to the food processing sector, which will create job opportunities for youth on one hand and immensely benefit farmers as well. "The state government is giving a major push to the food processing sector in Punjab ..," Mann said. The Chief Minister also said that the state government will soon set up 20 dedicated Rural Industrial Hubs across the state. He said that these hubs will be equipped with state-of-the-art infrastructure to facilitate industrialists in setting up their units. These hubs will boost industrial development. Mann assured fulsome support and cooperation to the industrialists opting for setting up their units in these hubs adding that the state government is fully committed to accelerate industrial development in Punjab. Punjab is organising the 5th 'Progressive Punjab Investors Summit' on February 23 and 24 in Mohali. As a run up to the Summit, a mini-conclave was org

Domino's launches 20-minute deliveries across as many zones in India

Firm says overall aim is to ensure delivery of hotter, fresher and tastier pizza without compromising food quality and safety and well-being of delivery riders

Godrej Yummiez expands vegetarian portfolio; aims for 30% growth in FY23

Godrej Yummiez, a brand of ready-to-cook products from Godrej Tyson Foods (GTFL), expanded its vegetarian portfolio with the launch of Godrej Yummiez Crispy Potato Starz

Foodtech startup On2Cook gets Rs 17 cr seed funding at Rs 100 cr valuation

Firm says its cooking appliances help domestic and commercial kitchens

Swiggy denies exodus of restaurants amid deep discounting concerns

Amid reports about hundreds of restaurants delisting from Swiggy Dineout, sources said only 20 brands with nearly 400 outlets have delisted from Swiggy's dining out platform

Licious launches D2C plant-based meat brand, eyes pole position within a yr

The plant-based meat market in India is likely to touch $500 million in three years, according to analysts.

Inga, TIH Singapore tie up to launch PE fund for mid-sized companies

The fund has set an overall target of raising Rs 500 crore and has received commitment of Rs 25 crore

Karim's, Nathu's, and others open in Leh: Fresh flavours at 11,500 ft

The effort that has been put into the look and feel of the place indicates that Karim's is fully invested in Leh

World's food supply faces new threat after India's rice crop falters

The threat to India's rice production comes at a time when countries are grappling with soaring food costs and rampant inflation

Pret A Manger partnership marks Reliance Brands' foray into F&B sector

RBL will open the food chain across the country starting with major cities and travel hubs

Par panel says food subsidy still very high, scope for further reduction

The Committee note that allocation of funds - in respect of food subsidy during 2021-22 is Rs 2,90,573.11 crore but actual expenditure as on February 11, 2022, is Rs 2,20,445.61 crore only

Food subsidy in FY22 to be about Rs 4 trn vs BE of Rs 2.4 trn: Food secy

Under NFSA, the Centre gives highly subsidised food grains at Rs 1-3 per kg to over 810 million people through the public distribution system

India at 71st on Global Food Security index 2021 of 113 nations

India is ranked at 71st position in the Global Food Security (GFS) Index 2021 of 113 countries, but the country lags behind its neighbours Pakistan and Sri Lanka in terms food affordability

Edible oil prices to begin softening from December: Food secretary

Retail prices of edible oils in India, which imports 60 per cent of its requirement, have shot up to 64 per cent in the past just one year, in line with the global developments.

PM FME scheme golden opportunity for micro food entrepreneurs: Minister

for Food Processing Industries MoS Rameswar Teli said the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PM FME) scheme offers golden opportunities to micro food entrepreneurs

Mrs Bectors Food IPO review: Play on large opportunity in biscuits, QSR

Healthy growth and sound fundamentals offer comfort

Are cloud kitchens and delivery the future of India's food industry?

Cloud kitchens are essentially low-cost models where kitchens in places with cheap real estate are rented out, and from which deliveries are fulfilled mostly through an aggregator.

Budget 2020: Organic food sector needs stimulus for growth, says Kesarwala

Bhalla said although people are gradually shifting towards organic foods, more steps needs to be taken in this direction in all big and small cities.