Hindustan Coca-Cola Beverages approaches top Indian business families for strategic investment as part of expansion plans Coca-Cola India plans to sell a portion of its wholly-owned bottling business, Hindustan Coca-Cola Beverages (HCCB). It has approached the promoters of at least four prominent Indian business families, according to media reports. The potential investors include the Bhartia […]
The brand aims to open seven offline outlets in six months Jewels by Preeti unveiled its plan to open 15 retail stores across major cities in India by the end of this year. This expansion aims to capture a significant share in the offline market. In the initial stage of expansion, Jewels by Preeti is […]
Lotus Bakeries aims to achieve significant visibility and sales growth in India while Mondelez will build upon its presence and expand into the premium cookie space Mondelez International and Lotus Bakeries have entered a strategic partnership to expand and grow the Lotus Biscoff cookie brand in India. Both companies said in a joint release that […]
The workshop focuses on upskilling manufacturers to boost quality, innovation and global competitiveness Flipkart, in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT), organised a workshop aimed at enhancing India’s capabilities in the global toy supply chain. The workshop focused on upskilling and reskilling domestic manufacturers to produce innovative and high-quality […]
J.K. Dadoo, MBA, IIMA and IAS Retd. writes for BW Retail World as he delves into factors driving India’s retail expansion India has six megacities with over 10 million population and 13 cities with over four million population. 46 cities have a population of over a million and may grow by 50 per cent by […]
Basmati rice brands ‘Daawat’ and ‘Royal’ lead growth amid challenging market conditions LT Foods, a global FMCG company with Indian origins and over 70 years in the consumer food sector, reported a 14 per cent increase in consolidated net profit, reaching Rs 150.24 crore for the fourth quarter of fiscal 2023-24, buoyed by strong sales. […]
The proposal aims to address the fallout from Singapore and Hong Kong’s decision to recall certain spice mixes originating from India, citing pesticide residue levels exceeding permissible limits In the wake of recent recalls of popular Indian spice brands by authorities in Hong Kong and Singapore due to pesticide residue concerns, the Food Safety and […]
A study on Tuesday revealed that the Indian manufacturing sector stood as the most targeted industry for ransomware extortion in 2023. The study by Palo Alto Networks said on a global level a 49 per cent YoY increase was observed in multi-extortion ransomware attacks from 2022 to 2023 and before 2023 LockBit ransomware remained the […]
Blue Star, a leading home appliances company, has announced plans to invest Rs 250 crore in the next financial year to enhance the manufacturing capacity of room air conditioners at its Sri City facility in Andhra Pradesh. Currently, the company boasts a production capacity of 10 lakh room air conditioners across its manufacturing units, including […]
India is considering import duty cuts on components key to producing high-end mobile phones, two government officials said, which would potentially be a boost for companies like Apple and the country’s exports. Companies in the sector have been pushing for cuts on nearly a dozen components to reduce the cost of making smartphones in India […]
