India-based Gujarat Co-operative Milk Marketing Federation (GCMMF), the marketer of the Amul brand of milk and dairy products, plans to launch liquid milk in the US in 2014.
Bharti Enterprises, which agreed to call off a joint venture with Wal-Mart Stores Inc in the country last October, named a former executive with the U.S. retailer to head its retail operations.
India could soon boost exports of raw sugar at the expense of top suppliers Brazil and Thailand as the government looks likely to give cash-strapped mills financial help for production so they can pay farmers.
The Kerala Co-operative Milk Marketing Federation (Milma) is planning to introduce ultra-high temperature processing (UHT) milk with a shelf life of three to six months.
Mukesh Ambani's Reliance Retail is converting some of its big hypermarkets into wholesale cash-and-carry stores, in an apparent sign of modern retail's inability to effectively take on neighbourhood stores in India.
The Indian Government this week approved Tesco's plans for a $110 million investment into the country, which will establish a partnership with the Tata Retail Group.
Islamic finance volume will be reaching at US $ 2 trillion with having 78% share of Islamic banking, 16% Sukuk, 1% Takaful, 4% Islamic funds and 1% Islamic Microfinance: Zubair Mughal.
Indian oilseeds and soyoil futures edged up on Monday on a weaker rupee, gains in overseas edible oil prices and concerns that a sharp drop in temperature in the northern part of the country could damage rapeseed crop.
Indian sugar futures were treading water on Monday as ample supply and sluggish demand due to a drop in temperature offset expectations that the government would provide incentives to mills to produce raw sugar.
Indian sugar futures rose on Thursday to their highest level in more than a week on hopes the government would help mills to export raw sugar, though forecast of surplus production for the fourth straight year capped the upside.
PepsiCo India announced plans to build a new greenfield beverage manufacturing plant in Sri City, Andhra Pradesh, to be the company's largest beverage plant in India.
Indian oilseeds and soyoil futures rose on Monday following gains in overseas prices and thin supplies in local spot markets, though a strong rupee capped the upside.
India is likely to import a record 4 million tonnes of refined palm oil in 2013/14 as export taxes in key supplier Indonesia make it cheaper than the crude variety, an executive at India's top edible oil buyer said.
