Apr 6, 2014

TOP INVESTORS IN INDIA FOOD PROCESSING SPACE

  • ITC Ltd plans to foray into new categories such as beverages that include fruit juices, tea and coffee, and chocolates and dairy products. As a part of its plan to enter the dairy sector, the company is constructing a milk processing unit at Munger in Bihar.
  • Bisleri International Pvt Ltd has launched its first branded soda in Hyderabad. "This is our first experiment in the country. We will scale it up to other states in the days to come," said Mr Santosh AS Borkar, Director - South Zone, Bisleri International Pvt Ltd. The company would also be setting up eight water plants in Telangana and Andhra Pradesh.
  • Nissin, owner of Top Ramen Noodles, has launched a differentiated noodle - Scoopies Mad Masala Short Noodle. The company commissioned its third factory in Odisha earlier this year, with an investment of Rs 100 crore (US$ 16.25 million), from where the product would be manufactured.
  • Food Bazaar plans to tap the under-branded food and beverages space in the Indian domestic market with the help of private labels to offer more choice to the consumers.
  • Hindustan Coca-Cola Beverages, the Coca-Cola Company's largest bottling partner in India, plans to set up a Rs 1,000 crore (US$ 162.48 million) bottling plant in Telangana and has also sought land for the proposed venture.
  • CafĂ© Coffee Day (CCD), in a bid to expand its market in India, plans to add 150 cafes and 120 more Xpress outlets across the country during FY15.


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