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Nl food processing oct 24 - 30, 2015


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Gyan Research weekly news letter on #food processing sector

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Nl food processing oct 24 - 30, 2015

  1. 1. © Gyan Research and Analytics Pvt. Ltd., 2015 1 Industry News  HCCB takes over Georgia business in India Hindustan Coca-Cola Beverages (HCCB) has announced the transition of Georgia Tea & Coffee business from Coca-Cola India Private Limited to itself effective October 2015. The former is the largest bottling partner of Coca-Cola India while Georgia is the tea and coffee offering of Coca-Cola India. Georgia’s manufacturing and distribution will be handled by HCCB across the country, which will help HCCB to expand its existing product portfolio by offering both hot and cold products to end consumers.  Kerala and Tamil Nadu's papad industry affected by pulse’s price-rise Kerala and Tamil Nadu’s papad-making industry has been affected because of the steep rise in the price of black gram. The price of black gram has almost doubled to INR 210 per kg within six weeks. The papad, known as appalam and papadam in local language, are served with biriyani, rice and curry or puttu (rice steam cake). However, due to the rise in price of the product, many restaurants have stopped buying papads or have started charging a price of INR 2 or 3 per piece for it. The papad industry which does sales worth hundreds of crores annually is being severely affected by the price rise.  Nestle resumed Maggi production Nestle has resumed manufacturing of Maggi Noodles at its three plants - Moga (Punjab), Nanjangud (Karnataka) and Bicholim (Goa). The fresh samples of the product will be sent to the three accredited laboratories for testing to comply with the orders of the Bombay High Court. The company has informed Bombay Stock Exchange that the sale of Maggi noodles will commence only after clearance from the three laboratories.  Manpasand Beverages partners with Havmor Ice Cream Gujarat-based Manpasand Beverages has entered into a retail tie-up with Havmor Ice Cream, the ice cream and food retailing major, to expand its reach in urban areas. Manpasand has launched 'Fruits Up' brand recently, which will be available at 210 Havmor food outlets across Gujarat, Mumbai and Punjab. The tie-up is part of the INR 400 crore strategy of Manpasand to expand its reach in the urban areas, through Havmor's food outlets. The tie up covers 17 outlets of Havmor in Punjab, 28 outlets in Mumbai and 164 in Gujarat.  Amul to procure milk from Punjab villages Amul will procure milk from 1,000 villages in Punjab, which is a move to provide INR 2,000 crore worth annual benefits to the dairy farmers in the state. It also announced the setting up of milk processing facilities in Bathinda and Khamano, as well as modern milk testing, bulk milk cooler system and weightment facilities in each village. The investment in each village will be about INR 15 lakh, adding up the total investment to INR 150 crore. Food Processing News October 24, 2015 – October 30, 2015
  2. 2. © Gyan Research and Analytics Pvt. Ltd., 2015 2  USDA projects India's dairy product export to be flat at 30,000 tonnes in 2016 According to the latest report by United States Department of Agriculture (USDA), the export of Indian dairy products (non-fat dry milk) is projected to remain flat at 30,000 tonnes in 2016. The country's milk output may increase by 4.8 percent to 154 million tonnes assuming a normal monsoon in the year, while domestic milk consumption is forecasted to rise by 5 percent to 62.75 million tonnes in the same period. India is the largest milk producer in the world and exports to milk-deficient countries including Pakistan, Nepal, Bangladesh, Bhutan, the United Arab Emirates and Afghanistan. Investment News  Punjab received 55 investment proposals in food processing Punjab received 55 investment proposals worth INR 8,000 crore for the setup of food processing units. The state government announced tax exemption for the sector with an aim to develop a food processing hub in the state. Punjab contributes over 40 percent of the central procurement of wheat, 75 percent of total production of kinnows, 26 percent of the central procurement of rice and oranges, and 7.5 percent of the total milk production in the country. Food Processing News October 24, 2015 – October 30, 2015
  3. 3. © Gyan Research and Analytics Pvt. Ltd., 2015 3 Food Processing News October 24, 2015 – October 30, 2015 Weekly Snapshot Source: Agricultural and Processed Food Products Export Development Authority, DGCIS Annual report India's Export of Agricultural and Processed Food Products from Delhi (ICD) Port in 2014-15 Product Quantity in MT Value in INR Lakhs Natural Honey 16,349.38 28,985.12 Alcoholic Beverages 10,069.80 17,698.72 Basmati Rice 19,793.28 15,314.97 Miscellaneous Preparations 20,865.54 10,669.23 Dairy Products 4,283.04 10,088.49 Cereal Preparations 7,583.39 9,387.05 Walnuts 1,107.55 5,745.36 Guargum 3,004.63 4,951.39 Other Processed Fruits & Vegetables 2,785.19 4,661.74 Casein 705.18 3,618.45 Jaggery & Confectionery 4,257.42 3,549.48 Cocoa Products 402.78 1,976.04 Non Basmati Rice 5,153.57 1,614.40 Milled Products 5,375.03 1,601.11 Other Fresh Fruits 1,113.79 1,580.60 Fruits & Vegetables Seeds 90.44 457.04 Pulses 79.21 86.17 Floriculture 20.66 35.10 Dried & Preserved Vegetables 21.46 33.60 Other Cereals 55.09 10.54 Albumin (Eggs & Milk) 0.70 7.07 Cucumber and Gherkins (Prepared and Preserved) 6.98 4.88 Fresh Grapes 1.57 2.86 Mango Pulp 3.50 2.63 Processed Meat 0.35 2.20 Other Fresh Vegetables 1.10 0.89 Wheat 1.70 0.34 Total 1,03,132.33 1,22,085.47
  4. 4. © Gyan Research and Analytics Pvt. Ltd., 2015 4 Food Processing News, October 24, 2015 – October 30, 2015 Market Entry Strategies Market/ Marketing Research Pre-Feasibility, Feasibility & TEV Studies Equity Research & Valuation Economic Intelligence Our Business Practices Business Research Central Delivery Centre BD-9, Sector-1, Salt Lake City Kolkata - 700 064, India Phone: +91-33- 40060084 Corporate Office LG 37-38, Ansal Fortune Arcade, Sector - 18, Noida - 201 301 Delhi NCR, India Phone: +91-120- 2511945 E-mail: Website: Branch Office - Mumbai Branch Office - Bangalore Branch Office - Hyderabad