The Indian government is on a mission to attract overseas investment to meet rising demand for processed foods among its 1.3bn population, which includes a rapidly growing urban middle class. Currently, just 7% of India’s agricultural produce is processed...
Global savoury snack sales are predicted to top £103bn ($138bn) by 2020, as the ‘snackification’ trend continues to grow, according to new research from consumer insights firm Canadean.
Signature International, which already has a production facility built to European standards in the city of Nashik – 200 miles north of Mumbai – has plans to build 20 flatbread manufacturing plants across the Indian subcontinent within the next five to...
India could be the ‘new China’ for food and drink manufacturers looking to increase margins and supply emerging markets in Asia, two industry experts have claimed.
A leading figure within UK food and beverage manufacturing automation has urged industry players to sieze the opportunity to invest in new technology before they are hit by a new economic slump.
Honeytop Speciality Foods has invested £3m to build a new factory in India that will supply naan bread and chapattis to India and the wider Asian and Australian markets.
Direct foreign investment in the Indian food processing industry rocketed 175 per cent during 2009-10 to reach $279.33m and now plays an important role in developing the sector, according to the national government.
