Images Food , March 28, 2011 The Indian presence of the Dutch supply chain cluster, Food Tech Holland, was formally launched by Ashok Sinha, Secretary, Ministry of Food Processing Industries, at the recently held Food Forum India 2011 in Mumbai. The Food Tech Holland is a consortium of highly innovative Dutch companies operating in the food sector, providing hi-tech solutions along the supply chain. The technologies provided by the cluster provide its customers a strong competitive edge, resulting in better quality, productivity and efficiency. These technologies can be tailored to the specific needs in the Indian food market. The cluster's…
During its history, the Indian subcontinent has been known as the “Golden Bird” for its natural and manufactured riches. In fact, long before the United States of America, India was the Land of Promise. (The irony, of course, is that Columbus also set foot on North America when he was actually trying to discover an alternative route to India.) However, in the more recent centuries, India became an exploited golden goose which not only stopped laying golden eggs, but also almost appeared starved at different points in time. The government’s thrust on infrastructure and industrialisation in the 1950s would have…
Business Standard, Mumbai March 20, 2011 BS Reporter Group buying websites, mostly launched in the last one year, plan aggressive expansion as they see record traffic for their offerings. Group buying websites put up deals offered by merchants on various services and products for a limited period, say for 24-72 hours and offer discounts of 30-80 per cent.\ However, there have to be a minimum number of people, between 5-20, before a deal can go live, when deals are made available. Offers are normally made on gyms, spas, restaurants, travel and so on in services and on various products. Websites…
Business Standard, Mumbai March 18, 2011 Raghavendra Kamath & Viveat Susan Pinto Cost pressure and conflict over margins see products of companies like Reckitt Benckiser taken off shelves. The racks meant for toilet cleaners at Future Group’s Big Bazaar outlet in Lower Parel, Mumbai, are filled with Hindustan Unilever’s (HUL’s) Domex, Future’s own Clean Mate and other brands. The one missing in the segment is Reckitt Benckiser’s popular product Harpic. The case is the same in the section meant for handwash liquids. Here, HUL’s Lifebuoy gets most of the space, then come Future’s Caremate, Colgate-Palmolive and others. Here also, Reckitt’s…
China Daily , Mumbai, March 16, 2011 Xinhua The fledging retail sector in India will enter an expansion period and witness large-scale consolidation with increasing competition especially from international players, said a report by retail consultancy firm Technopak Advisors on Wednesday. Technopak Advisors forecasts that there will be more movements of retailers to smaller cities and rural area and over 25 to 30 retail companies in India will post one billion U.S. dollars of revenues. Speaking at Consumer Investment Summit 2011, Saloni Nangia, the senior vice president of Technopak Advisors said there could be some concrete steps by the government…
Speciality Restaurants expanding into high-margin QSR and cloud kitchen spaces - @devangshu shared his perspective on the opportunities and realities of managing a diverse "house of brands" in the food service sector #India #strategy #diversification
Geopolitical friction has again sparked renewed concerns over inflation and rising input costs for FMCG companies as @itmeansjustice @whysnavi write. @devangshu commented.