AIFPA

A consortium led by Blackstone Inc. has emerged as the preferred bidder for a minority stake in Haldiram Snacks Pvt., people familiar with the matter said, following months of negotiations on a potential deal. Read More

Iconic cereal brand Cheerios is expanding its portfolio of flavors to introduce a new protein cereal offering to its lineup — Cheerios Protein.  With 8 grams of protein per serving, this new Cheerios innovation is answering the call of consumers craving more options with protein. Read More

The newly-elected European Commission started work this month and, in the area of food policy, faces a set of competing demands. Read More

India’s export of marine products has reached an all-time high volume of 17,81,602 MT in the financial year 2023-24, with a total value of ₹60,523.89 crore (USD 7,381.89 million), as reported by the Marine Products Export Development Authority (MPEDA). Read More

As the world’s population continues to age, it’s more important than ever to understand the mechanisms behind aging. Nestlé is exploring science-based nutritional solutions for specific age-related health conditions, such as muscle loss and physical fatigue. Read More

n a significant boost to Assam’s agricultural export sector, state minister of education and welfare of plain tribe and backward classes, Ranoj Pegu, flagged off the first consignment of fresh produce to Dubai from Sivasagar district on Thursday. The shipment, consisting of 1,000 kg of lemons and 1,500 kg of pumpkins, marks a milestone in the state’s efforts to establish itself in the international market. Read More

Jackfruit, a massive fruit native to South Asia, is rapidly gaining traction among consumers and food manufacturers, particularly as demand for plant-based alternatives surges. With its fibrous, meat-like texture, unripe jackfruit is becoming a favourite ingredient in vegan, vegetarian, and flexitarian diets. Read More

Parle has emerged as the top FMCG brand in a 2024 survey of 21,000 Kirana store owners conducted by Kirana Club, outpacing Hindustan Unilever (HUL) and ITC. The survey evaluated sales representatives on key criteria like communication, ethics, empathy, customer support, and business impact. Read More

To promote the use of millets in food products and encourage value addition, the Government of India launched the Production Linked Incentive Scheme for Millet-based Products (PLISMBP) for the period FY 2022-2023 to FY 2026-2027, with an outlay of ₹800 crore. The scheme eliminates the threshold investment requirement, making it accessible to more applicants. To qualify for incentives, companies selected under the scheme must achieve a minimum year-on-year sales growth of 10% over the base year. The scheme incentivizes sales of branded Ready-to-Eat and Ready-to-Cook products in consumer packs that contain over 15% millet by weight or volume. Read More

A total of 399 cold chain projects have been approved since inception (2008) to till date (31.10.2024) under the component scheme- Integrated Cold Chain and Value Addition Infrastructure (Cold Chain scheme) of Pradhan Mantri Kisan Sampada Yojana (PMKSY).  Out of these, 284 cold chain projects have been completed and commenced their commercial operations. Read More