AIFPA

Kamereo, a Ho Chi Minh City-based food sourcing platform established by a Japanese person, has successfully mobilized US$7.8 million for business expansion. Read Morehttps://tuoitrenews.vn/news/business/20241209/vietnambased-foodtech-startup-established-by-japanese-mobilizes-78mn-for-business-expansion/83323.html

Parliament was informed that the food processing sector attracted foreign direct investment (FDI) amounting to $368.37 million up to September of the current fiscal year. Read More

Indian consumers are increasingly embracing healthier alternatives, particularly in the snacking segment. The rise of “Better-for-You” (BFY) brands is a testament to this shift, driven by health-conscious families—especially mothers—who are opting for products with better ingredients, such as maida-free bread, noodles made with millet, and snacks using healthier oils. Read More

ITC has announced plans to significantly scale up its agricultural initiatives, targeting an increase in Farmer Producer Organizations (FPOs) to 4,000 over the next four to five years. This expansion aims to directly connect with one crore (10 million) farmers and further enhance agricultural productivity and sustainability. Read More

Are you a fan of cola drinks? If yes, then you will be in for a shock as a date-based cola has been launched in Saudi Arabia, which is being touted as the world’s first soft drink made from dates. Read More

Indian Beverage Association (IBA), which counts Coca-Cola, Dabur, PepsiCo, Reliance Consumer Products and RedBull as members, said it is “concerned” over a likely further increase in the goods and services tax (GST) rate on aerated drinks. Read More

The food regulator has notified Regional Directors of FSSAI with their concerned jurisdiction for review of application of rejected imported food items. Read More

Russian President Vladimir Putin praised Prime Minister Narendra Modi’s ‘Make in India’ initiative and expressed Russia’s readiness to establish manufacturing operations in India. Speaking at the ‘Russia Calling Investment Forum’, Putin acknowledged India’s efforts to create a stable environment for… Read More

The findings of the India Employment Report released by the International Labour Organization (ILO) corroborate what many economists have been pointing out—that India’s economy is seeing ‘jobless growth’. Read More

India, Pakistan and Sri Lanka have come together to demand that concerns over support for public stockholding of foodgrains – an issue critical for procurement – along with special safeguard measures to check surge in import of agricultural products be addressed in the Geneva-based trade body’s committee on agriculture instead of focusing on all issues through a “facilitator-driven” approach, being pushed by the WTO secretariat. Read More