India’s Personal Care Market: a Growth Opportunity

In a symposium sponsored by the New York Chapter of the Society of Cosmetic Chemists, the speakers asserted that India’s personal care market is fertile ground for companies trying to expand their business. Happi reported: It’s got potential—make that a lot of potential. India has nearly 1.3 billion people and its $1.9 trillion economy is [...]

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August 31, 2015   No Comments

Premier Chocolatiers Support Cocoa Sector in India

Confectionery News reports that at least five premium chocolate making companies are interested in India’s cocoa sector to be able to produce single-origin Indian chocolate. Such chocolates are made from cocoa beans harvested from a specific country. Switzerland’s Chocolat Stella and the Austria’s Zotter already produce single-origin Indian chocolate bars. Mars, Inc. has plans to [...]

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August 31, 2015   No Comments

Amcor Acquires Packaging India Pvt. Ltd.

In order to capitalize on the growing market in India, Amcor, headquartered in Melbourne, Australia, has acquired Packaging India Private Limited a unit of Essel Propack a specialty packaging company which serves multinational and local customers and generates annual sales of approximately $40 million. The deal was closed for $26.4 million. Packaging India has three plants [...]

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August 31, 2015   No Comments

Global Grocery Markets Set to Grow between Now and 2020

Food and consumer goods research firm IGD forecasts that “the vast majority of global grocery growth will come from Asia, Africa and Middle East supported by increasing affluence, urbanization and rising populations,” according to GlobalMeat News.   Rank Country 2020 $Bn 2015 $Bn % Change in Value 2015 – 2020 1 China 1,491 1,119 33 [...]

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August 31, 2015   No Comments

India’s Allied Blenders & Distillers to Launch IPO

Anupam Datta  was recently appointed chief executive officer and managing director of Allied Blenders & Distillers (ABD) as the group moves forward to launch its IPO. He replaces Deepak Roy who continues as executive vice chairman, and who will be involved in strategy and planning ahead of ABD’s initial public offering of shares in about [...]

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August 31, 2015   No Comments