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The Food Corporation of India could potentially earn over Rs25,000 crore (US$4.5bn) by exporting wheat lying in open warehouses, according to an Assocham study. Related news |
Once again voicing its opposition to the thorny issue of container deposit schemes, the influential and vocal Australian Food and Grocery Council has hit out at an environmental group it claims has “actively misled petitioners” over a proposal to introduce a deposit charge.
In light of India’s trade deficit with China, which since 2010 has more than doubled to over US$40bn, the country hopes that three food and pharmaceutical agreements signed with China this week will have an impact on the shortfall.
Nestlé India has quashed rumours that it will withdraw from its first dairy unit in the country by committing to a Rs250 crore (US$45m) expansion to the Moga plant in Punjab.
Danone has agreed a series of deals with Cofco, China’s largest food company, and Hong Kong-listed China Mengniu as a means to break back into a market it has traditionally struggled to enter.
Mondelez International will introduce larger rounder pieces for Cadbury Dairy Milk in New Zealand for the same price point.
From Nike’s Bill Bowerman being inspired by a waffle iron, to studying the behavior of herding cows for the redevelopment of Times Square, cross-pollination of ideas from different fields can generate big rewards.
Danish multinational brewer Carlsberg, which once held a solid market share in the Southwestern Chinese province of Yunnan, is facing tough competition from new entrants and existing competitors desiring a share of the region's booming beer market.
Fish gelatine is rising in importance as an alternative to bovine and porcine gelatine – but there are still challenges in terms of supply, extraction and functionality.
Supplementation with vitamin D or ginger extracts may help ease the symptoms of asthma, according to two new early stage research studies.
Some parts of the food industry lacked basic understanding of how the sector operated – until the horsemeat crisis forced people to grapple with its complexities, a food safety watchdog boss told Food Manufacture’s webinar last week.
Genetic modification of oil seed crops will form an important part of the future omega-3s supply picture, according to Adam Ismail, executive director of the Global Organization of EPA and DHA Omega-3s (GOED).