The State government will collaborate with the National Dairy Development Board (NDDB) to set up a state-of-the-art milk processing plant at Dagwar in Himachal Pradesh’s Kangra district, an official release said. While presiding over a meeting at Oak Over, Chief Minister Sukhvinder Singh Sukhu said that the milk processing plant would be set up at […]
Licious, an all-things-meat brand strengthens its offline footprint with the launch of five new Licious Stores in the Delhi-NCR region. According to the company, these stores are nothing like traditional meat outlets but are designed to create a differentiated immersive space for avid Licious fans. In addition to offering Licious’ wide range of meat & […]
Evolved Foods, a plant-based protein company, has closed of its seed round of Rs 7.30 Crore, according to an official statement. The round was led by marquee investors like Zerodha-backed Rainmatter Health and Kamala Capital. The round also saw participation from Anvitha Prashanth (Anyaa Ventures), and Aprameya Radhakrishna (Founder of KOO App); and a group […]
The import tax on refined soybean oil has decreased from 17.5 per cent to 12.5 per cent, while the import tax on refined sunflower oil has decreased by a comparable percentage. The decision to decrease charges is completely at odds with the market sentiment, which was anticipating a duty increase given the recent collapse in […]
India’s gifting brand FNP recently ventured into the gourmet food market and now it presents its exclusive range of premium couverture chocolates. FNP Chocolates feature 4 distinct variants, each crafted with care and precision to deliver an exceptional taste experience. The variants include milk Chocolate, dark chocolate, fruit & nut and white chocolate with Rose […]
India’s seafood exports, both in terms of volume and value, achieved an all-time high in 2022-23. It shipped 1.7 million tonnes of seafood worth Rs 63,969.14 crore (USD 8.09 billion) during the financial year, growing 26.73 per cent in quantity terms and 4.31 per cent in value terms over 2021-22. According to a press statement […]
Delhi Chief Minister Arvind Kejriwal on Tuesday granted in-principle approval to the Food Truck Policy, which aims to set up food trucks across the national capital making it a ‘Food Truck Capital’. “Recognising the immense potential of the food truck industry, Chief Minister Arvind Kejriwal emphasised the positive impact it would have on employment generation […]
Food and Public Distribution Secretary Sanjeev Chopra on Tuesday held a video conference with food secretaries of all states and discussed ways to benefit citizens by cooling down of wheat prices. The meeting comes a day after the centre imposed stock limits on wheat applicable to wholesalers, traders, retailers, big chain retailers and processors; and […]
Winni Cakes & More, a bakery retail company has reported a 74 per cent year-on-year (YoY) growth in gross merchandise value (GMV) for the fiscal year 2022-23. The company achieved this growth by opening 125 new stores in tier-2 and tier-3 cities within a year, increasing its GMV from Rs 192 crore in FY 2021-22 […]
Oil marketing companies (OMC) are likely to reduce prices of petrol and diesel, according to government sources. The companies have almost recovered their losses and are nearing normalcy as evident by their positive quarterly results. As a result, the expectation is for the companies to lower the prices of petrol and diesel since they no […]
