Political pressure is building on Western companies to halt business in Russia following the country's invasion of Ukraine.
The non-alcoholic beverage industry is expected to exceed $18 billion by 2026
Duty cut will reduce cost of raw materials, enabling local manufacturing in India. Import duties on raw materials can be brought down to zero to support domestic manufacturing, council says
The growth comes on a low base as last year sales of discretionary items like aerated drinks were hit badly.
PepsiCo Inc said on Thursday it expects organic revenue growth to pick up pace in the second quarter
Amid restrictions, the company is banking on higher in-home consumption, new launches to drive sales
Volume recovery, expansion in new geographies and debt reduction are key positives
The company had posted a net profit of Rs 632.26 crore in 2018-19, Tofler said
Estimates indicate that volumes for the whole year for beverages will be down to a third of last year, despite the push by soft drink companies to go online
TPCI said it has set up three committees that will submit detailed recommendations to the government to boost exports of food, chemicals, food processing and beverages
With the Covid-19 pandemic shattering the country's economy, resulting in mass layoffs and salary cuts, the cola major is now facing faltering sales and an overall slowdown in consumption
Diageo, the largest alcoholic beverage company in the world, estimates that the loss in its fiscal year ending June 2020 would be between $300 million and $420 million
The invention that re-booted coffee was the espresso machine
The startup will use the funds to penetrate deeper into existing geographies and grow into newer cities of India, besides expanding the current product line
If you thought that was the grossest thing to come out of the fridge, you'd be wrong
'Importing wine has its own challenges', says the author
The entire team tastes and tests the drinks to ensure that a seamless narrative runs through the food and beverage menu
The region constituted more than 31% of the segment's total sales volume in 2016
The dairy major aims to expand presence in fruit juices segment, the fast growing beverages category
The company is setting up four new plants in the next 12-18 months period to increase its capacity