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BINGO POTATO CHIPS
ITC packs a punch, beats Britannia in foods businessITC's foods business posted consolidated sales of Rs 17,194.5 crore for the fiscal year ended March 31, 2024, the company that owns brands ...
Orion India announces expansion of Korean snacks portfolioOrion India, a subsidiary of South Korea’s Orion Holdings, is expanding its Indian snacks portfolio by introducing new products and increas...
Rivals snack on Pepsico’s share despite leader’s ‘good show’Company says Lay’s & Kurkure are still leaders in the segment and registered double-digit growth rate.
Rs 5 packs a punch in fast-moving snacksGrowing at a healthy double-digit rate, snacks has emerged as one of the fastest growing FMCG categories, with more than 7 million shops. A...
Bingo Tedhe Medhe and Mad Angles help ITC pip PepsiCo' Kurkure to become market leaderThe Rs 3,400-crore subset in question is ‘bridges’, where ITC’s Bingo Tedhe Medhe and Bingo Mad Angles compete with PepsiCo’s Kurkure.
ITC to launch new categories to spice up its food businessITC will not launch any new food brand. Instead, it will piggyback on existing ones for new launches and claims it has 5-6 new categories i...
PepsiCo and ITC lay pitch for new marketing war, aims to launch healthier packaged snacksAs per estimates, PepsiCo is still far ahead in overall packaged snacks segment with more than a 50 per cent share, compared with ITC’s 16 ...
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...
PepsiCo ropes in Ranbir Kapoor to endorse Lay's potato chipsPepsiCo Foods has signed on actor Ranbir Kapoor to endorse its Lay’s potato chips as part of a repositioning exercise to make it a more you...
PepsiCo's Lays, Kurkure lose market share to local players like Yellow Diamond and BalajiKurkure and Lays, have begun losing share to regional players such as Balaji, Yellow Diamond in addition to some variants of Bingo.
Banana chips in turf war with Potato wafersThe traditional banana and tapioca chips industry in Kerala worth around 750 crore is in a changeover mode.
- ITC June quarter net profit up 21.8 pc to Rs 1,070 crore
Diversified business group ITC on Thursday posted a 21.8 per cent jump in its net profit to Rs 1,070.3 crore in the quarter ended June 30, ...
- FMCG cos to hike prices
Partial rollback of excise stimulus and higher fuel and packaging costs are likely to force consumer products companies not only to raise t...
- Lower weight, higher prices stump buyers
Food prices go through the roof and consumer product companies scrimp on quantity to protect margins.
- Rising potato price eats into profit margins of wafer makers
A sudden shortage of potatoes accompanied by sharply higher prices is eroding profit margins for large potato wafer brands and could force ...
- ITC looking at domestic frozen food market
ITC Foods has drawn up plans to foray into the nascent frozen foods category in the domestic market within the next six-eight months.
- Tune into Mirchi Kaan Awards to 'march against mediocrity'
On Friday night, all ears will tune into the Ballroom at the Grand Hyatt in Mumbai. More than 700 entries across 15 categories will vie for...
- Kurkure set to cross LoC
PepsiCo Pakistan’s snacks foods subsidiary is borrowing from its Indian counterpart the technology to manufacture Kurkure.
- Cash flows makes task easy for ITC
ITC’s latest acquisition may seem like an extension of its presence in the agri-inputs space.
- ITC takes over Australian agri-biotech Co
Diversified major ITC Ltd has taken over Australian agri-biotech company Technico Pty Ltd for an undisclosed sum, as part of a strategy to ...