Marico aims Rs 15,000 cr revenue by FY27 riding on premiumisation, digital-first brands
Home-grown FMCG major Marico is targeting to touch a revenue of Rs 15,000 crore in FY27 and remains focused on driving profitable growth through premiumisation, portfolio expansion, digital-first brands and technology-led investments, its annual report said. The company is eyeing Rs 20,000 crore revenue in next 4 years as part of its “Vision 2030”. It […]
Nestlé expands Nescafé production with more than CHF 560 million investment in Thailand
Nestlé is investing CHF 563 million to build a new Nescafé production facility in Thailand, a dynamic coffee market worth roughly CHF 1 billion. The facility will also feature an advanced, on-site distribution center, enabling shorter delivery times, better inventory management and greater agility. “Coffee is Nestlé’s largest business globally, and Thailand is one of […]
Govt consults industry on next phase of food processing PLI scheme
The Ministry of Food Processing Industries (MoFPI), Government of India, today organized a high-level Stakeholder Consultation at Vigyan Bhawan, New Delhi, to deliberate on the future roadmap for fiscal support to the food processing sector and to formulate the next phase of the incentive/ subsidy schemes. The consultation brought together senior officials of the Ministry, […]
