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SANJAY SHARMA ORKLA
Kitchen staples face rising price pressure as El Nino risks growExpect higher prices for essential kitchen items like spices, eggs, and dairy. Food inflation is rising, with a potential monsoon deficit a...- How Gen Z became the most important customer in FMCGYoung consumers are now driving major decisions at established food companies. Gen-Z and millennials are influencing product development, a...
- MTR-owner Orkla India eyes deals, bets on quick meals and delivery for growthThe Indian arm of Norwegian consumer goods group Orkla, which merged MTR and Eastern in 2023, expects to return to its historical double-di...
- MTR Foods maker Orkla India heads for public debut after 17 yearsOrkla India, the maker of MTR Foods, is set to debut on the public market on November 6 through an Offer for Sale (OFS). The move aims to e...
- MTR parent's revenue growth slows on weak demandOrkla's revenue in India increased by 4.3% to ₹2,533 crore in 2024, hindered by high prices affecting demand, especially in rural areas. Th...
- ITC looking to spice up South India with a $1.4bn MTR deal: ReportIndian conglomerate ITC Ltd. is in early talks to acquire MTR Foods and Eastern Condiments from Orkla ASA for $1.4 billion. The acquisition...
- Indian food market's competitive intensity higher: MTR ownerOrkla, a Norwegian investment firm, noted similarities in India's food preferences with some European countries but highlighted the market'...
- Orkla India appoints Murali S chief executive officer of EasternMurali will be based in Cochin, where he will lead the team in strengthening Orkla India's footprint in the Kerala market and spearheading ...
- Inflation could affect festive sales of some FMCG items: CEO of MTR Foods owner Orkla IndiaFMCG companies are banking on the October-December quarter for recovery in demand, after a muted September, which saw low to mid-single dig...
- MTR owner Orkla restructures India biz into 3 unitsNorwegian group Orkla ASA is restructuring its Indian operations into three units - MTR, Eastern, and International Business. The move aims...
- MTR Foods acquires controlling stake in Eastern Condiments“The transaction will double Orkla’s net sales in the fast growing Indian market, and the combination of MTR and Eastern will create a stro...
- MTR partners with Swiggy to deliver its packaged food portfolioWith this partnership with Swiggy, MTR joins wholesaler Metro Cash & Carry India and FMCG companies such as Marico and Britannia that have ...
- MTR Foods sets up Rs 50 crore startup fundMTR picked up 42 per cent stake in FirmRoots.
- 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.
- MTR Food makes first investment from Rs 50 cr seed fund in TimiosThe Bangalore-based packaged foods company FirmRoots was started as a solution towards age-appropriate nutrition, and has a product range c...
- Spices company MTR seeks government approval for single-brand retailMTR wants to build its presence across India and is investing in a research & development centre along with its manufacturing facility.
- MTR Foods eyes 3-fold spike in revenue at Rs 1,000 cr by 2015The company, which is present in various segments like ready-to-eat, said it will focus on the instant mixes, spices and snacks category.
- MTR still under-leveraged brand: Sanjay SharmaFive years after MTR Foods was acquired by Norwegian foods group Orkla Brands International, the formeris in no hurry to bring in Orkla's p...
- MTR Foods to go national; double revenueCity-based processed food manufacturer MTR Foods has drawn up an ambitious plan to go national and double its revenue to Rs.500 crore by 20...
- Orkla, McCormick eager for taste of Eastern CondimentsNorwegian conglomerate Orkla and US spices giant McCormick & Co Inc are among the global food giants in the fray to acquire a strategic sta...
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