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ALLANA CONSUMER PRODUCTS
Global, domestic firms to invest Rs 1.02 lakh cr in Indian food processing sector: GovtThe government signed investment agreements worth ₹1.02 lakh crore with 26 domestic and global companies at the World Food India 2025 summi...
Allana Consumer Products to invest Rs 300 crore on new plant for French fries, frozen potatoesAllana Consumer Products Ltd is set to invest Rs 300 crore to establish new manufacturing facilities in Gujarat and North India by 2027. Th...
Competition from new entrants biggest risk for market leadersBusinesses are seeing increased competition from new entrants in various sectors. DMart, Asian Paints, and Pepsi face challenges from new c...
YouTube Shorts vs Instagram Reels: The battle for dominance in digital content landscapeYouTube and Instagram were growing independently until short video-sharing turned them into big rivals in India’s creator economy. Which is...
India Inc likely to spend 20-25% more on advertising in the second half of 2023Advertising and consumer promotion spending is anticipated to increase by 20-25% YoY during H2 2023, driven by the Cricket World Cup, a rai...
Pure-veg meat: An export frontier for India to conquerIndia's largest shipment of plant-based meat, including jackfruit-based BBQ Jack, has been sent to the US. The shipment is part of India's ...
Meat delivery startup FreshToHome raises $104 million in funding led by Amazon Smbhav Venture FundExisting investors including Iron Pillar, Investcorp, Investment Corporation of Dubai, Ascent Capital and others also participated in the f...
Beyond Meat, plant-based meat brand of US, forays into India through Allana Consumer ProductsAllana Consumer Products has allied with Beyond Meat on a pan India basis to distribute their globally acclaimed offerings in the Indian ma...
Demand for soft drinks and ice-creams hits five-year high on early onset of summer and rise in mobilityThis comes after a complete washout in the past two summer seasons, which saw cold beverages and ice-creams being hit amid local curfews, s...
Major edible oil brands cut MRP by 10-15% to give relief to consumers: SEAMajor edible oil companies have reduced the maximum retail price (MRP) of their products by 10-15 per cent to provide relief to consumers, ...
Licious raises $192 million led by Temasek, MultiplesThe capital raising makes Licious one of the biggest in the category with a valuation of around $650-700 million
Licious draws funding interest at post-money valuation of $800 millionPrivate equity investors Multiples PE, Premji Invest and Goldman Sachs are looking to invest a combined $150-200 million in Licious at a po...
Allana Group picks up minority stake in LT FoodsAnnouncing the acquisition, the group said that both companies have plans to use their synergies and technology transfer to expand LT’s con...
Licious eyes $80 million in funding at $800 million valuationTPG, General Atlantic, PremjiInvest and Multiples Alternate Asset Management are in talks to invest in the Vertex and 3one4 Capital-backed ...
Yusuffali most powerful Indian in Gulf for 4th year in rowNRI businessman Yusuffali MA, who runs the largest retail chain in the UAE, has topped the list of the most powerful Indians in the Gulf re...
- Strike at Ruchi Soya’s unit hits oil supply
The company has a refining capacity of 3.2 million tonnes annually and crushing capacity of 4.1million tonnes annually.
- Amul mulls foray into frozen vegetable market
National Dairy Development Board-controlled Mother Dairy is the market leader in frozen peas with its Safal brand.