Beverages
Companies Finance

TABP Raises $3 Million To Expand Low-Cost Beverages

TABP Secures $3 Million to Scale Bharat Beverage Push

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Food & Beverage.

Varun Beverages Q3 Profit Rises 18.5%, Revenue Up 1.9%

Varun Beverages Q3 profit rises 18.5% to Rs 7,452 mn; revenue up 1.9% as international growth offsets weak India volumes.

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Companies FMCG Food/Entertainment Manufacturing

Coca-Cola May List Indian Bottler In $1 Billion Share Sale: Reports

The Atlanta-based beverage maker is evaluating an IPO for Hindustan Coca-Cola Beverages as India’s capital markets see record activity   Coca-Cola is exploring the possibility of an Initial Public Offering (IPO) for its Indian bottling subsidiary, Hindustan Coca-Cola Beverages  (HCCB), which could raise about USD 1 billion, according to Bloomberg reports. The Atlanta-based beverages major […]

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Brands Companies Consumer FMCG

Parle, Britannia Dominate India’s FMCG Landscape, Reveals Report

The report says that in the dairy segment, Amul remained the top spot, followed by Nandini and Aavin

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Companies Consumer Finance Food & Beverage.

Beverage Brand Lahori Secures Rs 200 Cr From Motilal Oswal Wealth: Reports

The investment values the beverage maker at Rs 2,800 crore, as per the reports, which cited the data from Regulatory filings

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Companies Consumer FMCG People

PepsiCo Appoints Nitin Bhandari To Head India’s Beverages Business: Report

Bhandari will succeed George Kovoor who is set to retire on 31 March 2025 as Senior Vice President and General Manager for India Beverages

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Brands Companies Government National News

Ecommerce Platforms Must Remove Bournvita, Others From “Health Drinks” Category

The Ministry of Commerce and Industry has issued a directive to all ecommerce platforms to remove Bournvita and similar drinks from the “Health Drinks” category following an inquiry by the National Commission for Protection of Child Rights (NCPCR). The commission, constituted under the Commission for Protection of Child Rights (CPCR) Act, 2005, concluded that there […]

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Health National News

Survey Reveals Surge In Spending On Paan, Tobacco Over Past Decade

The latest Household Consumption Expenditure Survey 2022-23 indicates a notable rise in the consumption of paan, tobacco, and intoxicants over the past decade, with people allocating a larger portion of their income to these products. The survey, conducted by the National Sample Survey Office from August 2022 to July 2023, reveals that in rural areas, […]

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Brands Companies Food & Beverage. International News

Reliance Consumer Products Partners With Sri Lanka’s Elephant House

Reliance Consumer Products (RCPL), the FMCG arm and wholly-owned subsidiary of Reliance Retail (RRVL), stated on Wednesday that it has partnered with Sri Lanka-headquartered Elephant House to manufacture, market, distribute and sell beverages under the Elephant House brand across India. As per a company release, this association will not only help the Reliance company bolster […]

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Brands Companies Finance Food & Beverage. News

PepsiCo Expects Continued Growth In 2024, Highlighting India’s Potential

PepsiCo, a global beverage and food company, said on Friday that it expects “mid-single-digit” growth in the Indian market in 2023. According to the most recent financial report, PepsiCo’s global net sales will be USD 91.47 billion in 2023, representing a 5.9 per cent increase. PepsiCo stated that developing and emerging markets, including “China and […]

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