South Asia

Keventer raises $25m to fund expansion

India

Keventer raises $25m to fund expansion

By RJ Whitehead

Kolkata-based dairy, fruit and grocery major Keventer Agro has raised US$25m in capital from Indian private equity firm Mandala Capital to fund its expansion in agro-food processing in eastern India. 

India gets agri-business and food-tech startup accelerator

South Asia radius

India gets agri-business and food-tech startup accelerator

By RJ Whitehead

Billionaire serial investor Taizo Son will bring an early-stage food incubator to India, where it will back startups that focus on farm-to-fork processes—a segment he believes the country has yet to fulfil.

FSSAI to expand its testing network

India

FSSAI to expand its testing network

By RJ Whitehead

India’s food regulator plans to strengthen its infrastructure by providing nine mobile test labs in eight states.

FSSAI gets involved in Indian culinary tradition

India

FSSAI gets involved in Indian culinary tradition

By RJ Whitehead

India’s food regulator is developing a recipe archive to preserve the country’s food heritage, as part of a number of initiatives that include setting up cuisine hubs and organising food festivals.

Mars acquires Tasty Bite’s American parent

India

Mars acquires Tasty Bite’s American parent

By RJ Whitehead

Mars Foods will buy the American-based owner of Tasty Bite Foodservice (TFS), a manufacturer of all-natural, ready-to-heat Indian and Asian food products, for an undisclosed price.

FDI in Indian food processing netted 43% growth last fiscal

South Asia radius

FDI in Indian food processing netted 43% growth last fiscal

By RJ Whitehead

India has already attracted over US$180m in foreign direct investment in the new fiscal year, and has been witnessing growing interest from foreign food companies, according to the food processing minister, Harsimrat Kaur Badal.

Ice cream war rages in court as Amul appeals against HUL ruling

India

Ice cream war rages in court as Amul appeals against HUL ruling

By RJ Whitehead

A bitter row between two of India’s biggest dairy manufacturers has returned to the Bombay High Court with Gujurat co-operative Amul arguing for the reinstatement of an ice cream advert that had been blocked following a complaint by Hindustan Unilever...

India is expected to maintain its position as the world's largest butter producer through the forecasted period. ©iStock/Grigorenko

India to become world’s largest producer of milk by 2026

By Mary Ellen Shoup

Milk production is expected to accelerate worldwide especially in India where it will grow 49% by 2026, contrasting with the steady decline of milk consumption in developed markets like the US, according to the OECD-FAO Agricultural Outlook 2017-2026.

Asia scoops ice cream growth boost as West turns to East for flavours

Asia scoops ice cream growth boost as West turns to East for flavours

By RJ Whitehead

Food historians credit China with inventing ice cream and Marco Polo for bringing it to Italy. Skip forward to the 21st century, and the rate at which Western ice-cream makers are looking to the East for inspiration promises to see renewed momentum—with...

Mixed feelings following ‘game-changing’ GST introduction in India

South Asia radius

Mixed feelings following ‘game-changing’ GST introduction in India

By RJ Whitehead

Following the introduction of India’s goods and services tax this week, the biggest tax reform since independence, which has now brought all disparate state taxes under one code, some industry groups believe the country can boost exports—though others...

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