2018 proved to be a robust year for mergers and acquisitions for Indian corporations. Powered by the Insolvency and Bankruptcy Code and an extremely competitive atmosphere in the mobile and e-commerce space, dealmaking crossed $100 billion for the first time ever. As the government pushed for resolutions, there was a...
Coca Cola, PepsiCo Introduce Low Calorie Portions in India
With Indian consumers becoming more health conscious, food manufacturers are offering portion control to keep calorie counts low. PepsiCo India has launched 150ml cans - the smallest in the domestic market. Coca-Cola offers 180ml cans across its beverages portfolio in addition to its 300ml cans."For consumers, it means the flexibility...
CPG companies in India show strong growth in sales, profits
Domestic growth for Unilever's India subsidiary, HUL was at 19%, with home and personal care growing at 20.6% and foods business growing at 10.6% for the quarter ending June 30 according to DNA India.. Net profit for the three months through June rose to $240 million and overall sales grew...