Govt will turn MP into milk capital of India: CM Yadav, announces dairy sector push plan
The Madhya Pradesh government will promote cattle rearers and boost dairy investment to make the state the country’s “milk capital”, Chief Minister Mohan Yadav said. Addressing a state-level conference of dairy farmers and milk producers in Gwalior, Yadav said the dairy sector forms the backbone of the rural economy and the government remains committed to […]
Nestle India looks for volume-led growth despite price volatility amid geopolitical uncertainties
FMCG major Nestle is concerned over ‘volatility’ in prices due to rising input costs amid geopolitical uncertainties, even though it chases a volume-driven growth in the new fiscal, said its Chairman and Managing Director Manish Tiwary. The company is prioritising higher consumption and market expansion over aggressive price hikes, even as input costs remain unpredictable. […]
Milky Mist raises Rs 482 crore from Temasek arm in pre-IPO round
Dairy products maker Milky Mist Dairy Food Ltd has raised about Rs 482 crore from Jongsong Investments Pte Ltd, an indirect wholly-owned subsidiary of Temasek Holdings, in a pre-initial public offering (IPO) funding round, according to a public announcement. The fundraise includes a primary capital infusion of around Rs 357 crore and a secondary share […]
Herbalife India’s Analytical Laboratory recognised for ‘Outstanding Performance on Food Safety’ at CII Food Safety Awards
Herbalife India, a premier health and wellness company, has been recognised with the ‘Outstanding Performance on Food Safety’ award for its India Centre of Excellence Analytical Laboratory, Bengaluru, in the Rising Star (Food Testing Laboratories) category at the CII Food Safety Awards. The award was presented at the 16th edition of the CII Food Safety […]
