Weekly newsletter for Food Processing sector highlights industry, investment and weekly snapshot

1. ©
Gyan
Research
and
Analytics
Pvt.
Ltd.,
2015
Policy
News
❑ SOPA
and
USSEC
sign
MoU
to
promote
soya
foods
A
Memorandum
of
Understanding
(MoU)
was
signed
by
the
Soya
Oil
Processors
Association
(SOPA)
and
the
US
Soyabean
Export
Council
(USSEC)
to
increase
exports
to
India.
Only
5
out
of
the
8
million
tonnes
of
soya
meal
produced
is
for
local
consumption.
Hence,
the
local
consumption
is
being
increased
so
that
dependence
on
exports
could
be
reduced.
However,
the
USSEC
has
signed
this
agreement
in
the
hope
that
India
would
emerge
as
a
platform
for
exports
of
soyabean
from
the
US.
But
the
deal
with
the
USSEC
might
incur
a
loss
for
SOPA,
since
imports
might
get
cheaper.
According
to
this
agreement,
both
the
parties
would
be
working
with
the
Indian
government.
Soyabean
would
be
included
in
midday
meals
and
people
would
be
made
aware
about
soya
food
products
which
would
facilitate
development
of
new
products.
Industry
News
❑ Food
Safety
bans
sale
of
jaggery
A
ban
has
been
imposed
by
the
Food
Safety
Department
on
the
sale
of
5
tonnes
of
jaggery
near
Chitode,
on
suspicion
of
adulteration.
In
a
raid,
officials
found
that
five
out
of
15
tonnes
of
jaggery
and
its
powder
were
mixed
with
sodium
hydro
sulphate,
an
injurious
chemical
that
brings
colour
while
transforming
sugarcane
juice
into
jaggery.
Market
authorities
have
been
prohibited
from
selling
jaggery
until
further
decision.
❑ Venky’s
under
FSSAI
scanner;
reduces
processed
chicken
products
supply
Venky’s,
a
subsidiary
of
VH
Group
of
Pune,
has
cut
down
its
supply
of
processed
foods
for
the
last
two
months
after
coming
under
the
Food
Safety
and
Standards
Authority
of
India’s
(FSSAI)
scanner.
Venky's
crispy
chicken
burger
patty
and
chicken
Arabic
style
kofta
failed
to
make
the
FSSAI
cut
in
April.
According
to
Venky’s,
Codex
and
EU
standards
are
followed
for
all
products.
Besides
delivering
to
meat
retailers,
Venky’s
also
supplies
to
Dominos,
McDonalds
and
KFC.
According
to
some
retailers
in
Mumbai,
it
is
having
distribution
problems.
❑ FDA
raids
Amul
godown
The
Food
and
Drugs
Administration
(FDA)
raided
the
Amul
godown
in
Ghaziabad
and
took
away
six
different
milk
product
samples
for
analysis
in
the
regional
testing
laboratory.
The
samples
that
were
taken
for
testing
included
standardised
milk,
homogenised
milk,
badam
shake,
fresh
cream,
ice
creams
and
ghee.
The
officials
also
ordered
the
destruction
of
milk
pouches
that
were
stocked
in
the
godown
and
were
curdling.
According
to
Amul,
curdling
occurs
due
to
the
damage
during
transit.
1
Food
Processing
News
July
25,
2015
–
July
31,
2015

2. ©
Gyan
Research
and
Analytics
Pvt.
Ltd.,
2015
❑ Food
processing
to
grow
by
40
–
50
percent
The
potential
growth
of
the
food
processing
sector
has
been
projected
at
40
to
50
percent
per
year.
Food
processing
could
be
the
most
prominent
industry
in
the
‘Make
in
India’
programme.
By
standardizing
hygiene
and
cleanliness,
food
products
could
enter
the
global
markets
as
well.
❑ McCain,
Kellogg
and
Tata
Starbucks
fail
to
receive
FSSAI
approval
The
FSSAI
has
rejected
applications
from
McCain,
Kellogg
and
Tata
Starbucks
on
the
ground
that
proper
supporting
documents
for
assessment
of
safety
were
not
submitted.
Kelloggs’
K
Oats
and
Honey
&
K
Red
Berries
were
rejected,
along
with
red
bean
sauce,
sea
salt
and
honey
vanilla
flavoured
syrup.
McCain
Foods’
Battered
Pepper
and
Cheese
Bites
and
34
items
of
Tata
Starbucks
were
also
rejected.
In
cases
of
non-­‐compliant
samples,
steps
are
taken
by
FSSAI
or
state
authorities,
in
accordance
to
FSS
Act,
2006.
Investment
News
❑ Dabur
enters
ready-­‐to-­‐drink
segment
Dabur
has
forayed
into
the
ready-­‐to-­‐drink
beverages
segment
with
the
launch
of
its
latest
product
Hajmola
Yoodley.
The
product
comes
in
six
variants
-­‐
Kabhi
Kala
Kabhi
Khatta,
Golmaal
Golgappa,
Jhakaas
Jaljeera,
Go
Goa
Guava,
Nimboora
Shikanji
and
Awaara
Aam
Panna.
A
pack
of
250
ml
would
be
priced
at
INR
30.
A
campaign
to
promote
Hajmola
Yoodley
has
also
been
planned.
❑ Hector
Beverages
hires
Maxus
Hector
Beverages
has
hired
communications
consultant
Maxus
as
the
media
agency
for
its
Paper
Boat
brand.
Maxus
bagged
the
account
following
a
multi-­‐agency
pitch.
For
the
distribution
of
its
beverages
across
general
outlets,
Hector
Beverages
has
inked
an
agreement
with
Indo
Nissin,
the
manufacturer
of
Top
Ramen.
❑ Lulu
Group
and
Kahala
sign
tie-­‐up
Lulu
Group’s
food
and
beverage
segment,
Tablez
Food
Company,
has
signed
a
deal
with
Kahala
Brands
of
the
US
to
facilitate
the
entry
of
Cold
Stone
Creamery
into
India
and
Sri
Lanka.
Besides
setting
up
40
outlets,
Tablez
would
make
an
investment
of
INR
75
-­‐
85
crore
in
the
next
five
years.
The
first
outlet
in
India
would
be
set
up
Kochi,
followed
by
outlets
in
Bangalore
and
other
Tier-­‐I
cities;
five
stores
have
been
planned
in
Sri
Lanka
as
well.
Further,
Tablez
would
invest
around
INR
160
crore
for
the
expansion
of
its
food
and
beverage
business
in
India.
Apart
from
partners
for
the
Cold
Stone
brand
the
company
is
looking
to
acquire
food
and
beverage
companies
in
the
country.
2
Food
Processing
News
July
25,
2015
–
July
31,
2015

3. ©
Gyan
Research
and
Analytics
Pvt.
Ltd.,
2015
3
Food
Processing
News
July
25,
2015
–
July
31,
2015
Source:
Ministry
Of
Food
Processing
Industries
Weekly
Snapshot
Scheme-­‐wise
Expenditure
in
Food
Processing
Industry
in
2014-­‐15
(*till
December
31,
2014)
Plan
Budget
Estimate
(INR
Crore)
Revised
Estimate
(INR
Crore)
Actual
Expenditure*
Scheme
for
Infrastructure
Development 315.00 229.62 227.87
Scheme
for
Technology
Upgradation/
Establishment/
Modernization
of
Food
Processing
Industries
160.00 157.03 144.16
Scheme
for
Quality
Assurance,
Codex
Standards,
R&D
and
Promotional
Activities
36.00 41.28 37.63
Scheme
for
Human
Resource
Development 4.00 3.75 3.64
Scheme
for
Strengthening
of
Institutions 75.00 43.00 41.42
National
Mission
on
Food
Processing 180.00 125.32 124.77
Capital
Section 0 0 0
Total
Plan 770 600 579.49
Deduct
Recoveries -­‐ -­‐ 11.93
Net
Total
(Plan) 770 600 567.56
Total
Non-­‐plan 15.86 17.74 10.82
Deduct
Recoveries -­‐ -­‐ -­‐
Net
Total
(Non-­‐plan) 15.86 17.74 10.82
Grand
Net
Total
(Plan
+
Non-­‐plan) 785.86 617.74 578.38

4. ©
Gyan
Research
and
Analytics
Pvt.
Ltd.,
2015 4
GYAN
RESEARCH
AND
ANALYTICS
PVT.
LTD.
Corporate
Office:
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Phone:
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E-­‐mail:
reports@gyananalytics.com
Website:
www.gyananalytics.com
Food
Processing
News,
July
25,
2015
–
July
31,
2015
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