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Archives February 2017

Walmart is winning the food fight with Amazon, for now

February 23, 2017 |by indiafood forum | Comments Off on Walmart is winning the food fight with Amazon, for now | FOOD & GROCERY | , ,

Walmart’s blockbuster online sales growth in the US in the latest quarter was driven partly by groceries purchased online but picked up at new drive-through stations in store parking lots…READ MORE

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Organic food sales soar as shoppers put quality before price

February 23, 2017 |by indiafood forum | Comments Off on Organic food sales soar as shoppers put quality before price | FOOD & GROCERY | ,

Retailers say demand is at its highest for a decade with popularity spreading from fruit and vegetables to other groceries…READ MORE

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“Our largest selling variant of coke is CokeZero and Diet Coke”

February 23, 2017 |by indiafood forum | Comments Off on “Our largest selling variant of coke is CokeZero and Diet Coke” | FOOD & GROCERY | , ,

Coca-Cola in India is partnering with retailers, banks to promote digital payments, after the beverage giant took a hit in Q3 due to demonetization. The company is supremely positive about its portfolio, which caters to all the choices across its customer base, Venkatesh Kini, President, Coca -Cola India, tells Nishtha Saluja in an interaction…READ MORE

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Former Amul MD BM Vyas starts his own venture

February 23, 2017 |by indiafood forum | Comments Off on Former Amul MD BM Vyas starts his own venture | FOOD & GROCERY | ,

Vyas, a dairy industry stalwart, who held the position of managing director for 17 years at the Gujarat Cooperative Milk Marketing Federation (GCMMF) that sells the Amul brand of milk and dairy product, was instrumental in growing the sales from a mere Rs 600 crore to Rs 8,800 crore during his tenure between 1994-2010…READ MORE

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Indian food tech industry witnessed 150 per cent Y-O-Y growth rate in 2016

February 22, 2017 |by indiafood forum | Comments Off on Indian food tech industry witnessed 150 per cent Y-O-Y growth rate in 2016 | FOOD SERVICE |

The Indian Online Food Delivery industry experienced many roadblocks in its growth story in 2016 with multiple players scaling down their operations or shutting shop. This was also visible in low investor sentiment wherein the industry saw a total funding of less than $80 million in 2016 against $500 million same period year before…READ MORE

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Amazon Prime now offering restaurant delivery

February 22, 2017 |by indiafood forum | Comments Off on Amazon Prime now offering restaurant delivery | FOOD SERVICE | ,

Is there anything that Amazon doesn’t deliver? Amazon Prime members can now enjoy delivery from more than 100 restaurants in Las Vegas valley , including Red Robin, Buca di Beppo, Brio Tuscan Grille, Island Sushi & Grill, Grinders Pizza Lounge, Jessie Rae’s BBQ, and many more…READ MORE

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Mondelez overhauls snack line as deal talk rattles food industry

February 22, 2017 |by indiafood forum | Comments Off on Mondelez overhauls snack line as deal talk rattles food industry | FOOD & GROCERY | ,

While merger discussions roil the food industry, Mondelez International Inc. is doing its best to increase sales on its own. The company is introducing a new line of crackers and snack bars made without artificial ingredients and GMOs, and it’s revamping some of its existing products to better appeal to millennials. The rollout is Mondelez’s biggest since it was created by splitting with Kraft Foods in 2012…READ MORE

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Wow Momo readies for international foray, plans 10-fold top line increase

February 22, 2017 |by indiafood forum | Comments Off on Wow Momo readies for international foray, plans 10-fold top line increase | FOOD SERVICE | ,

Setting an ambitious target of earning Rs 500 crore revenue in the coming five years, Kolkata-based QSR (quick service restaurant) start-up Wow Momo, which aims to become a global brand, is readying plans for an international foray…READ MORE

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Coca-Cola, IFC and DCM Shriram help farmers raise sugarcane yields in Uttar Pradesh

February 22, 2017 |by indiafood forum | Comments Off on Coca-Cola, IFC and DCM Shriram help farmers raise sugarcane yields in Uttar Pradesh | FOOD & GROCERY | , , ,

Coca-Cola, World Bank’s private investment arm International Finance Corporation (IFC) and DCM Shriram have helped raise sugarcane yields in Uttar Pradesh, and corporate executives say the budget’s announcement of a model law on contract farming will help farmers significantly…READ MORE

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Diageo’s India business centre could serve 70 global markets

February 22, 2017 |by indiafood forum | Comments Off on Diageo’s India business centre could serve 70 global markets | FOOD & GROCERY | ,

Liquor giant Diageo’s business services centre in India could become one of its largest technology and analytics units by 2020, its chief executive, Ivan Menezes, has said…READ MORE

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