FMCG
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Sanjay Sehgal Oct 12 2023 - 4 min readIndia’s appeal as an attractive investment destination has taken a significant jump in the last couple of years. From automobiles and consumer electronics to FMCG and tourism, every sector of the Indian economy is attracting big guns in the investment world. Non-resident Indians (NRIs) are also significantly contributing to the country’s growth story, ...
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Opportunity India Desk May 26 2023 - 2 min readReliance Consumer Products Limited (RCPL)—the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL) on Friday announced that it has completed the acquisition of majority stakes in LOTUS Chocolate Company Limited. “Further to the media release dated December 29, 2022, regarding acquisition of controlling stake in Lotus Chocolate Company Limited (“LOTUS”), ...
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Opportunity India Desk Jun 01 2022 - 4 min readGujarat-based dairy cooperative society Gujrat Cooperative Milk Marketing Federation (GCMMF) Limited under its famous brand Amul has launched its first organic product whole wheat flour. The company said that it will move to roll out other organic products such as pulses and rice. “On advice of Home and Co-operative Minister Amit Shah, Amul launched its ...
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Opportunity India Desk May 20 2022 - 3 min readLeading packaged foods company Wingreens Farms has announced its acquisition of a 100 per cent stake in Bengaluru-based snack foods start-up, Postcard. Postcard was found in 2019 by Ashish Nichani and Sudarsan Metla. The brand brings speciality food from different parts of the country, retaining authentic local flavours, while empowering local artisans and the supply ...
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Opportunity India Desk May 16 2022 - 3 min readThe data from Ministry of Statistics and Programme Implementation recently showed that retail inflation in India surged to 7.79 per cent on an annual basis in the month of April owing to higher edible oil and fuel prices. According to this data, inflation is at the highest level since 8.33 per cent hit in May ...