Sales of HUL Kwality Wall’s ice cream back to pre pandemic levels
Hindustan Unilever Ltd’s (HUL) ice cream business under the umbrella brand Kwality Wall’s is back to pre-pandemic levels, thanks to the prolonged summer this year. In an interview, Srinandan Sundaram, executive director, foods and refreshment, HUL, spoke about the surprise business recovery, increased focus on home delivery channels and an eye on viable acquisitions. Edited…
How to stay cool as competition heats up in ice cream and yogurt
The average American consumes more than 16 pounds of ice cream each year—but the shopping preferences for American consumers are anything but average. Shoppers are likely to be struggling with new and conflicting priorities every time they walk down the freezer aisle. Consumers may feel that their families deserve a special treat during a stressful time,…
Goa Dairy struggles and forced to stop FCM and Cow milk supply
The Curti-based Goa Dairy is yet to come out of the morass that it has been for the last your years. In fact, the dairy is heading for more troubles as its milk sales are dwindling and its cattle feed plant has been out of action for a week. Milk sales of the dairy have…
Farmers seek incentives from govt to promote dairy sector
Dairy farming will play a key role in accelerating the growth of agriculture sector and in providing nutritious dairy products to masses. The state government under its Amul – Palavelluva is providing an incentive of Rs 5 to 7 per liter of milk to farmers associated with milk cooperative societies in some districts. The farmers of twin…
Dairy industry : “Change before you have to.”
Today is July 1st , 2022. A day which is bringing a big change in the Indian dairy and food industry through regulatory measures.. There are three major departments which regulate all food business in India . These are Food authority ( FSSAI), Goods and Service tax ( GST) and Central Pollution Control Board (…
Consumers and manufacturers share responsibility for the planet’s health
Product launches satisfy consumer expectations around environmental responsibility For several years now, Innova’s Top 10 Trends have been headed by issues related to transparency and building consumer trust. By 2022, these trends had zeroed in on environmental issues and a shift in key consumer concerns about the environment. Even in a pandemic, the health of…
Paneer, Meat, Papad Will Cost You More From July 18.
The tax rates on certain goods and services will rise from July 18, including some new products brought into the the tax net, under the Goods and Services Tax (GST), according to the finance ministry after the GST Council meet. The GST Council has accepted the recommendations of a panel of State Finance Ministers and…
CavinKare has launched its Cooking and Table Butter range
It is priced at ₹68 for 100g to ₹330 for 500g The Chennai-based FMCG major CavinKare has launched butter under its Cavin’s brand. It comes out with two variants – cooking and table butter. Manuranjith Ranganathan, Director, Retail, CavinKare, said that with the dairy segment expected to grow rapidly on changing dietary preferences, this would…
GST rates levied on healthy dairying : buttermilk, curd, lassi and paneer
The Goods and Services Tax (GST) Council on Tuesday decided to remove a host of tax exemptions and hike rates for an even larger number of mass-consumption items. It approved a proposal to impose a 12% tax on hotel rooms costing below `1,000 per day and a 5% levy without input tax credit on hospital…
The ‘Utterly Butterly ‘ Story Of India’s 75-year-old Iconic Brand Amul
It was nearly 76 years ago when the seeds of Amul were sowed in India in 1946. Amul was formed as part of a cooperative movement against Polson Dairy in Anand, Gujarat, which procured milk from local farmers of Kaira district at very low rates and sold it to the then Bombay government. Everyone except the farmers benefited from…