News on Food Trends from India

April 04, 2008

Battle of Burgers: Nirula's set to take on McDonald's

India's oldest western fast food giant Nirula’s is ready for a price battle with McDonald's. And adding to the price zing, Nirula’s will serve up a new menu as well. In an attempt to take on McDonald’s might, Nirula’s is offering a wide array of comfo...
March 24, 2008

Indian Food processing sector registers 13.7% growth

The growth of food processing sector has nearly doubled to 13.7 per cent during the last four years, Minister of State for Food Processing Industries Subodh Kant Sahai said. "The food processing sector growth has reached the double digit at 13.7...
March 19, 2008

Foreign Firms Seek a Bite of India's $90bln Food Market

Getting a foothold in India's processed foods market, estimated to be worth $90 billion, requires persistence and a willingness to adapt products to suit culinary and cultural preferences, experts say.Rising incomes, more working women, modern stores a...
March 11, 2008

KFC handshake for hearing impaired

Thirty-seven boys and girls at the newly-opened Kolkata outlet have been trained to lip-read the customers' requests. In a first of its kind initiative and available only in Kolkata, global fast food giant Kentucky Fried Chicken (KFC) has set up its f...
March 06, 2008

KFC lines up Rs 300-crore investment, to open 66 stores

KFC is targeting 100 quick-service restaurants in India by 2010-end. The $12-billion brand, which is owned by leading global restaurant company Yum! Brands, Inc that also owns other brands like Pizza Hut and Taco Bell, is present with 34 outlets across...
March 03, 2008

Potato farmers in North Dinajpur face cold storage unit crisis

Potato cultivators in north Dinajpur district are facing a crisis to preserve their crops due to absence of adequate number of cold storages in the district. Having found no space to preserve they are being compelled to sell their crops in the market a...
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February 25, 2008

Yum! Introduces Taco Bell in India

After two years of talks and research, Yum! Restaurants International, the owner of quick serve restaurant brands such as Pizza Hut and KFC, will finally introduce the Taco Bell brand in India in the latter half of 2008. Through with its first round of...
February 12, 2008

McDonald’s plans food processing unit in Punjab

McDonald’s will set up a food processing unit in Haryana or Punjab with an investment of Rs 100 crore to complement its sourcing activities in the local markets. “We are in discussion with both Punjab and Haryana for opening a food processing plant, wh...
February 04, 2008

After 17 yrs, McDonald's expects to earn profits in India

Riding on the back of a major expansion spree, global fast food chain McDonald's on Monday said it expects the Indian operations to be profitable from the next fiscal, 17 years after it set up shop in the country. The company, which achieved break-even...
February 03, 2008

McDonald's Maharaja Mac may soon travel by train

Millions of rail travellers may soon have the option of gorging on McDonald's burgers on-board trains, discussions for which are on between the railway authorities and the global fast food giant. Buoyed by the successful bid for opening a restaurant at...
January 17, 2008

India's ITC Q3 Net Rises 16 pct, Beats Forecast

India's top tobacco firm, ITC Ltd, on Friday beat market forecasts with a 16 percent rise in quarterly profit, helped by strong growth in packaged foods and hotels, as it bolsters its non-cigarette businesses further.
November 27, 2007

ITC Aiming for Top Spot in India

Indian giant ITC has announced that it aims to treble the turnover of its packaged food operations and to become the overall leader of the Indian packaged food sector by 2011.The cigarette giant’s food units are growing at a rate of 68.17% annually.Exa...
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November 23, 2007

Burger King, Wendy's in talks with DLF for joint venture

Both Burger King and Wendy’s have held talks with DLF, a leading real estate developer to discuss an entry into the Indian market. Sources say that the ball is now in DLF’s court for zeroing in on a partner. The exact partnership model that is being ex...
Efficiency of McDonald's India is an inspiration.
November 11, 2007

Efficiency of McDonald's India is an inspiration.

In India, McDonalds reveals unique local flavours — both on its very resistable menu and otherwise. Much to the surprise of ultranationalists and leftists who thought the American food giant would be routed, it has stuck around, growing and expanding ...
October 15, 2007

McDonald's India seeks to triple number of restaurants.

McDonald's Corp.'s Indian unit plans to invest at least INR3 billion (USD 75 million) over the next three-to-five years to triple the number of its fast-food restaurants in the country (currently 125), a senior company executive said Monday. "We...
October 02, 2007

McDonald's no longer betting big on kid stuff in India

Happy Meals, Big Mac’s most famous sub-brand specially tailored for children and a company trademark since 1979, has been witnessing a year-on-year decline in sales in India. “Kids’ visits to our stores have been declining year-on-year and have been ov...
September 28, 2007

India's 'retail revolution' sours for Reliance

Indian giant Reliance Industries has frozen plans to bring a Western-style "retail revolution"to the nation's biggest state amid bitter opposition from small traders, an official said Wednesday. Reliance has suspended retail operations and ...
September 26, 2007

The power of private labels: Retailers take on established brands with their own

When Pepsico’s Frito-Lay decided to boycott Pantaloon’s Food Bazaar due to differences in terms of trade, it was the latter’s private label which got a boost in shares. Today Tasty Treat, the ready-to-eat private label of Food Bazaar, is leading with ...

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