The $4.8 billion Indian health care equipment market is dominated by three large multinational companies—Philips, GE Healthcare India, and Siemens—which together account for a major share of high-end equipment. Dutch company Philips, is the market leader. To keep ahead of the competition, Philips India’s operations will re-organize shortly Three factors,...
Thailand's Five Star Chicken to Invest $500 Million in India
Charoen Pokphand, a Thailand-based group that owns the Five Star Chicken quick-service chain of restaurants, will invest $500 million in its India division in an effort to double its annual revenue reports GlobalMeatNews. Sanjeev Pant the vice president of India operations explained that 30% of the 500 million will be...
Cargill Grows its Feed Business in India
Cargill India started sales of its animal feed product in the northern state of Uttar Pradesh only last year, and has surpassed its target by almost 40%. “After starting our animal feed business in Uttar Pradesh, we had clocked average monthly sales of 250 tons against our initial target of...
Gurgaon is Home to DuPont's Snack and Dairy Innovation Center
DuPont Nutrition and Health has inaugurated an Innovation Application Center for the food industry in Gurgaon, a suburb of the capital New Delhi. The facility in Gurgaon will initially employ 20 staff members by the end of this year. The Denmark-based biosciences company will work closely with its regional partners...
Molson Coors Acquires Mount Shivalik Breweries in India
Molson Coors Brewing Company has announced that its subsidiary, Molson Coors International (MCI), has acquired Mount Shivalik Breweries Ltd. (MSBL) located in India. As part of the deal, MCI acquired MSBL's entire brand portfolio, including its leading "strong beer" brand, Thunderbolt, and assumes direct control over brewing operations in the...
India’s largest Dairy Product Maker Aims to Increase Revenue by 21% in 2015
The Gujarat Cooperative Milk Marketing Federation, which markets milk and dairy products under the Amul brand, said its revenue was likely to increase by 21 percent this fiscal year at about $3.5 billion due to higher growth in unit sales at current prices The company is expanding its operations to...