AIFPA

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

Pushing for the use of technology in the agriculture sector, chief minister Yogi Adityanath said that UP, which has only 11% of the total land in the country but produces around 20% of the total food, can increase it threefold if technology is adopted. Read More

Growing health concerns prompt urgent review of widely used food coloring linked to cancer and behavioral issues. Read More

The Food and Drugs Administration (FDA) has warned food business operators (FBOs) against using newspapers for wrapping or serving food, especially fried items, and cardboard boxes for delivering cooked or fried foods. Read More

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