Goodricke becomes the world’s largest private tea producer

Goodricke

Camellia Plc, the holding company of the Goodricke Group has won the crown as the world’s largest private tea producer in a bid from Brij Mohan Khaitan’s McLeod Russel India.

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ITC Limited launches Aashirvaad Koora Karam Masala in Telangana and Andhra Pradesh

Aashirvaad Koora Karam Masala

The quintessentially Andhra pre-mix masala has been co-crafted after gathering in-depth insights on consumer taste preferences from thousands of households across the region, making the spice taste just homemade, with your mother’s touch’. The spices used to make the multi-purpose masala are sourced directly from farmers across more than 170 villages to retain the right aroma, pungency and colour.

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Haldiram joins race to buy Kwality Dairy

Haldiram joins race to buy Kwality Dairy

Haldiram have submitted expressions of interest to buy out loss-making Kwality Dairy which is facing insolvency proceedings, as confirmed by the two officials who were aware of the developments.

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Fotografiska Launches Echo – Its Own Circular Beer

Fotografiska is launching its own beer, Echo. A beer brewed from, among other things, leftover sourdough bread from Fotografiska’s kitchens. The name reflects the fact that the organic hops and malt are eco-friendly and that the beer, like an echo, makes a return as by-products from the brewing process are used to bake new bread. A circular beer that does good and tastes good.

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Nestlé and Carrefour partners with IBM to increase food traceability through blockchain

Nestlé and Carrefour have partnered to offer consumers the ability to trace the origin of Mousline mashed potato products using blockchain technology. This is done in a move to increase transparency in the food supply chain.

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Nestle India to seek shareholders’ approval every five years on royalty payouts

Nestle India has decided to seek shareholders’ approval every five years on the issue of payment of royalty to its parent company after receiving feedback from investors and proxy advisory firms. The FMCG major, at present pays the royalty at the rate of 4.5 percent of the net sales to Societe des Produits Nestle SA.

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Puratos India Launches Four New Innovative Products

Puratos India

Puratos India, the subsidiary of the Puratos International Group has launched four new innovative products that would revolutionize the Indian Bakery, Patisserie and Chocolate industry. These include Tegral Satin Purple Velvet EF, Fruitfil Range, Carat Supercrem Nutolade, and Tegral Red Velvet Sponge Mix. Each of these four products offers high quality ingredients, authenticity and convenience. These products have been developed by the Puratos Innovation team in response to increased consumer awareness and demand for global food with a local touch.

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Wagh Bakri launches ice tea in various flavours

Wagh Bakri launches ice tea in various flavours

Wagh Bakri Tea Group has launched ice tea in various flavours including: lemon; orange; peach; khus; litchi; aloe vera; and saunf.

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RNTU signs MoU with FICSI to establish Centre of Excellence in Food Processing

Bhopal-based Rabindranath Tagore University (RNTU) has signed a Memorandum of Understanding (MoU) with the Food Industry Capacity and Skill Initiative (FICSI) to establish Madhya Pradesh’s first Centre of Excellence (COE) in Food Processing at the University. The Centre will aim to train manpower for MSMEs and startups in various subsectors of food processing, along with building entrepreneurial capabilities in the State.

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Nestlé launches R&D Accelerator to boost innovation and speed-to-market

Nestlé

Nestlé announced the creation of the Nestlé R&D Accelerator based in Lausanne, Switzerland. The accelerator brings together Nestlé scientists, students and start-ups to advance science and technology with the objective to accelerate the development of innovative products and systems. Internal, external or mixed teams are eligible to use dedicated hot desks at the accelerator over a defined period of time. They have access to Nestlé’s R&D expertise and infrastructure, including shared labs, kitchens, bench-scale and pilot-scale equipment. The first teams have been selected and the accelerator will be operational by the end of 2019.

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