India
PepsiCo to double investment in Indian snacks
PepsiCo chairman Indra Nooyi has pledged to double the company’s investment in its Indian food processing operation to add to the sizeable sums it has already spent in the country.
Archives for August 26, 2014
Insight
It is too early to praise industry for Thai prawn slavery meeting
When in June of this year, British newspaper The Guardian published a damning report tracing fishmeal that it claimed had been caught by workers kept in slave-like conditions, a public relations storm seemed to have broken loose.
Fonterra and Beingmate unveil China infant formula partnership
Fonterra is prepared to pay NZ$615m (US$514m, €390m) for a 20% stake in Chinese baby food manufacturer Beingmate in its latest attempt to expand its presence in China’s lucrative infant formula market.