As part of expanding and strengthening its bioscience operations, Japan-based Tosoh Corporation has acquired Lilac Medicare an in-vitro diagnostics company headquartered in Mumbai, India, reports BioSpectrum. Established in 1997, the Lilac Group operates in the fields of two main technologies: ELISA and Chemi-luminescence and caters to the diagnostic needs of...
India's Hotels Accelerate Confectionery, Apple, Nut Imports
According to USDA Foreign Agriculture Service, India’s food service sector continues to expand as the number of travelers increase and more consumers dine at restaurants. “India’s Hotel Restaurant and Institutional Service sector is benefiting from India’s relatively strong economic growth, stable political scenario, foreign investment, rising incomes, high aspiration levels,...
Hershey Considers India “Key for Continued Growth”
Global confectionery major Hershey has seen a strong quarter of growth in India, and says it is committed to investing in this emerging market. Mydigitalfc.com reports that Hershey India, a subsidiary of The Hershey Company, operates both its confectionery and beverage lines from regional sales offices in Mumbai, Delhi, Chennai...
Burger King to Expand in India
Burger King made an entry into the Indian market last November in a joint venture with Everstone Capital, and it opened 12 outlets in the National Capital Region and Mumbai. During the course of this year, more outlets will be opened in Bangalore and Punjab, said Rajeev Varman, CEO of...
Zeelandia of Holland To Bake in India
The Dutch family-owned baking company Zeelandia, has entered into a joint venture with Fine Organics which has been Zeelandia’s distributor in India since 2001. Fine Zeelandia will be based in Mumbai and it will cater to customers throughout the country, as well as in Sri Lanka, Bangladesh and Nepal. The...
Engineering Firm AECOM Plans to Expand in India
AECOM, a Fortune 500, U.S.-based engineering consulting firm that provides end-to-end solutions for all kinds of infrastructure development projects, plans to hire 1,500 more employees for its India operations, its global chairman & CEO Michael S. Burke said. Currently the company has 2,500 employees located across eight regional offices and...