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GITS FOOD PRODUCTS
Is a US stock market crash beginning? Nasdaq 100 drops over 2% as Dow Jones and S&P 500 struggle after inflation shock hits investorsIs a US stock market crash beginning as Nasdaq sinks 2% after shocking CPI inflation rattles Dow and S&P 500? The Nasdaq 100 plunged more t...- ETtech Explainer: How Meta's Muse Spark fares against Anthropic's Opus, OpenAI's GPT, Google's Gemini modelsMuse Spark is the first model from the Meta Superintelligence Labs. It is a natively multimodal, reasoning-focussed AI model, designed to p...
- ZOFF inks partnership with Reliance Retail; enters ready-to-cook segmentZOFF Foods has joined forces with Reliance Retail, marking an exciting entry into the booming ready-to-cook food sector. Customers can soon...
- Gen Z all set to cause major disruptions in India's breakfast market dynamicsGen Z is 'snackifying' breakfast, by "either replacing the meal with a snack or having it as an accompaniment." Also, the frequency of cons...
- India's ready-to-cook food sales rise since the onset of pandemicAbout half a dozen packaged food companies such as Tata Consumer Products, ITC Ltd, iD Fresh and Gits Food Products are now planning a reco...
- Bigger online reach helps companies get valuable data to formulate market strategiesDue to a surge in online shopping during the pandemic, e-stores are able to get real time data on demand, rivals performance and granular i...
- Companies unbundle multipacks in slowdownBasically, consumers are mostly not ‘pantry loading’ for a whole month — that is, making household purchases for the entire month, which is...
- Packaged breakfast and ready-to-eat products find takers in BharatThe predominantly unorganised sector that would sell loose spices and cereals are being gradually replaced with branded instant mixes.
- Customers turn celebs for companies, talk up brandsThe trend, which is called micro segmentation and advocacy, comes across strongly with Coke bottles being embossed with 20 descriptors in 1...
- Millennials push companies to serve ready-to-eatMTR Foods, another key player in this space, also realised that its brand needed a change to reflect the key consumers of today
- Smaller cos, wholesalers & dealers need help with GSTOver the last one week, there have been numerous postings with candidates being offered salaries in the Rs 3-7 lakh per annum range by some...
- Railways launches ready-to-eat meals for passengersWith a view to giving passengers a wider range of options for their meals on trains, the Railways has introduced "ready-to-eat" food items ...
- Made-for-online food items fly off e-shelvesThe key to impulse products is visibility and online platforms give that leverage to companies to display content to consumers where they w...
- Companies like HUL, Gits, Mydentist hiring more women to work in factoriesThe participation of women workers in factories and the manufacturing process may not have gone beyond 10 per cent overall.
- With Noodles out, sales of other snacks raisingThe Maggi controversy has hit the noodle industry at a very wrong time. With schools reopening, parents have started looking for other opti...
- Need for strengthening packaging normsAs the Maggi muddle continues, the spotlight is on whether the country's packaging norms need to be strengthened to include more disclosure...
- Food companies push local flavours to up salesThink macro and act micro is becoming formula of success for most packaged food companies as they try and customise according to varied loc...
- Home-delivered food gives stiff competition to instant food, crosses Rs 1,000 crore in food marketThe convenience factor in packaged foods comes when people don't want to order and want something quick and hygienic.
- Instant mix: Gits gets 3rd generation on boardThe move is expected to empower the 3rd gen to play an active role in the running of the biz, even as the first 2 generations remain the dr...
- Small food companies carving a niche pampering NRIs with community-specific recipesThese small firms collectively cater to a variety of community-specific food demands, with ready-to-cook products.
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