March 27 is Officially India’s 1st Ice Cream Day – IICMA
In a novel move that will gladden the hearts of ice cream patrons across the country, the March 27 as the 1st Ice Cream Day. During an inaugural function in the Capital on Thursday, Shri S. P. Singh Baghel Minister of State for Fisheries, Animal Husbandry and Dairying, lauded the ice cream industry’s significant contribution…
India’s Trade Recalibrations in the Age of Uncertainty
In the Trump 2.0 era, India’s pivot toward bilateral trade deals with trusted Western economies has become a necessity rather than a choice. India’s recent progress on bilateral trade agreements with Western nations are about more than just economic interests – India is undergoing a considerable geoeconomic reorientation in the face of emerging trends. Protectionist…
Ice cream market to touch Rs 45,000 cr by 2028: IICMA
The Indian ice cream market has grown four-fold in the last decade and is expected to reach Rs 45,000 crore in the next three years, according to data from the Indian Ice Cream Manufacturing Association (IICMA). Though seasonal in nature, it has witnessed huge growth helped by tailwinds such as rise in disposable incomes, changing…
Amul ranked among India’s third most valued brands
Gujarat Cooperative Milk Marketing Federation (Amul), the country’s largest milk cooperative, has been ranked as the third most valued brand in India in the prestigious YouGov India Value Rankings 2025. Notably, Amul is the only Fast-Moving Consumer Goods (FMCG) brand in the top three list, alongside e-commerce giants Amazon and Flipkart. According to an official communique, this ranking…
Illegal imports from India prevent fair milk price in Nepal
Dairy farmers have complained that they are not receiving the price set by the government for their milk, as locally produced milk is unable to get a fair market price due to dairy products imported from the Indian border region. Dairy farmers have complained that they are not receiving the price set by the…
Tetra Pak pioneers recycled polymer packaging in India
Tetra Pak has become the first company in India’s food and beverage packaging industry to integrate certified recycled polymers into their packaging. The company’s new carton packages, to be implemented from April 1, 2025, incorporate 5% certified recycled polymers, aligning with the Indian government’s Plastic Waste Management (Amendment) Rules 2022. Tetra Pak announced on Monday…
Agricultural protectionism pushes up India’s import tariff
India’s import tariffs are five times that of the U.S. and the highest among BRICS nations Tariffs levied on imports into India are five times higher than what the United States levies on its imports. The average duty levied by India was 17% in 2023, compared to 3.3% levied by the U.S. Also, the average…
India’s ₹10 beverages- Campa, Smoodh and now, Amul Tru
Amul, Parle Agro, Reliance Consumer Products and Dabur are expanding their ₹10 beverage offerings to meet rising demand for affordable drinks. Amul launched Tru dairy-based drinks at this price, impacting competitors like Coca-Cola and Pepsi. From buttermilk to fruit drinks and sparkling beverages, consumer companies are driving deeper into the market for ₹10 packs. Amul, Parle Agro,…
United States may seek agri & dairy market access in BTA
The United States (US) is expected to request more market access from India in sectors such as agriculture and dairy products, ethanol, and medical devices as part of the proposed bilateral trade agreement (BTA) that both countries aim to finalize within the next eight months, reported Business Standard. “The US will ask for major concessions in dairy and…
SIG to invest 40 mn euros for plant expansion in India
Global packaging solutions provider SIG will invest 40 million euros (around Rs 360 crore) in the second phase to increase capacity of its plant in India, a “key growth market” for the Swiss multinational, a top company official said. With the new tranche of fund infusion, the total investment of SIG at the Ahmedabad-based plant…