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Indian giant ITC has announced that it aims to treble the turnover of its packaged food operations and to become the overall leader of the Indian packaged food sector by 2011.The cigarette giant’s food units are growing at a rate of 68.17% annually.Exa...

Potato growers are advised to sell their potato immediately because there will be a decline in the price in the coming months, according to the Domestic and Export Market Intelligence Cell of the Tamil Nadu Agricultural University. Price is comparativ...

For years, McDonald's Corp. executives have boasted of endless opportunities in China, one of the largest untapped regions for the world's biggest burger chain. Yet the Golden Arches' brain trust isn't lovin' it enough to ramp up expansion in one of ...

Both Burger King and Wendy’s have held talks with DLF, a leading real estate developer to discuss an entry into the Indian market. Sources say that the ball is now in DLF’s court for zeroing in on a partner. The exact partnership model that is being ex...

FritoLay India has become the largest player in the branded salty snack market in the country and has been one of the fastest-growing FMCG companies in India for a number of years. Fritolay India managing director Manu Anand discusses the future plans ...

Packaged snacks are getting a lot of attention from big, branded players. So Frito-Lay, with its Lays, Cheetos, Kurkure, Lehar, Uncle Chipps and Quaker Oats snack brands is seeing some pretty concentrated competition from ITC’s Bingo! with its 16 flav...

Calbee Foods Co. has partnered with R.D. Offutt Co., the largest potato grower in the U.S., to establish a large and stable supply of potatoes for its snack foods, especially for its strategic new product Jagabee, The Nikkei reported in its Wednesday m...

Taking a cue from the success of ITC's Bingo, Gujarat Cooperative Milk Marketing Federation (GCMMF), universally known for its dairy products brand Amul, has decided to enter the branded snacks market with Munch Time, a salty snack much like Frito Lay’...

In India, McDonalds reveals unique local flavours — both on its very resistable menu and otherwise. Much to the surprise of ultranationalists and leftists who thought the American food giant would be routed, it has stuck around, growing and expanding ...

Major food companies are contributing to increased carbon emissions through the destruction of Indonesia's peat swamp forests to produce palm oil, claims a report released by Greenpeace today.Unilever, Nestle, Cargill and ADM, as well as some leading s...

International Dairy Queen Inc, a U.S. ice cream chain, will boost its outlets in China by adding 500 stores in the next five years, banking on the potential growth in ice cream consumption by an increasingly affluent population.     The company, contr...

WILD, the largest privately owned supplier of natural flavor ingredients for the food and beverage industry today celebrated the official opening of their first manufacturing facility in the Middle East, located at Jebel Ali Free Zone, Dubai. The plant...

Malaysia's crude palm oil (CPO) production rose 2.7 percent to 1.6 MMT in September,bringing total CPO production for 2006/07 to 15.3 MMT. The increase in palm oil exports was offset by a bigger increase in CPO production, resulting in an increase in c...

In the Philippines, potato is consumed as a vegetable and occasionally as a snack item. It is ideally cooked with meat, often as a meat extender in recipes such as “adobo,” “egado,” curry, and “lumpia.” There are about 12 Philippine companies that prod...

Halting the collapse of potato production in the largest spud producing country in the world has led to a prestigious award for Sam Asiedu. This Canadian scientist from Truro was one of 50 scientists from 20 countries to be awarded the Friendship Award...

Japanese trading house Mitsubishi Corp. announced a tender offer Wednesday to boost its stake in Kentucky Fried Chicken Japan Ltd. in a deal worth up to 30.83 billion yen (US$267.72 million;¤185,38 million).Mitsubishi, which already owns 31 percent of ...

Satnam Agro Products, established by farmer-turned-entrepreneur Mandeep Singh has set up a state-of-the-art potato processing plant at a cost of Rs 63 crore at Jalandhar. Singh is hoping to launch next month French Fries made out of locally grown Chip...

A separate policy on potato and introduction of public-private partnership (PPP) model are required to address the problem of seed shortage faced by farmers, experts said here on Monday. “There is a need to have a separate policy on potato as it is one...