Mother Dairy, is a subsidiary of the state-owned National Dairy Development Board of India, launched what it calls India’s first soil-degradable milk pouch. Introduced on June 5 (World Environment Day) in the Delhi region, the pouch uses a proprietary technology developed over four years. Once discarded in soil, it breaks...
India’s Packaged Goods Industry Likely to Reach $50 Billion by 2017
India’s packaged food industry is rapidly growing. The sector is likely to rise to $50 billion next year from $32 billion last year, according to the Associated Chambers of Commerce and Industry of India, which said, "There has been a major shift in food habits in the metropolitan cities. About 79...
Ice Cream Sales Rise 20% Annually in India
“The sales of ice cream doubled between 2007 and 2012, and are expected to do so again in the five years ending 2017, reaching $1.1 billion. The ice cream industry is seeing double-digit growth year-on-year,” says Aziz Hafizi, president of Pastonji Brand and Holding Private Ltd., a company that manufactures...