Tata Consumer’s ready-to-drink: New owner, new possibilities
Having taken charge of the stagnating ready-to-drink JV with Pepsi, Tata Consumer Products is now in the process of scale-up of its value-added ready-to-drink liquid portfolio.
Having taken charge of the stagnating ready-to-drink JV with Pepsi, Tata Consumer Products is now in the process of scale-up of its value-added ready-to-drink liquid portfolio.
The company, co-owned by celebrity chef Sanjeev Kapoor and entrepreneur Ravi Saxena, looks at the quality conscious customer in the thriving pricey consumer durables market as the target audience.
Passion for the liquor trade has made Abhishek Khaitan, MD of the branded spirits manufacturer, build top-selling premium brands by targeting niches.
Not only is Bacardi India’s bet on whisky paying off, it is looking to tap further into the consumer’s preference for quality with more premium products.
Pernod Ricard’s Guillaume Girard Reydet says the French firm is in the business of ensuring quality moments of ‘sharing’ a good drink. He thinks India needs more places where people can do that.
The fund will be utilised to ramp up its presence, boost its product portfolio, and strengthen its supply chain. Licious had raised $25 million in September, too.
For an industry on the brink of constant disruption, there is one thing that drives Swiggy—innovation.
The acquisition will allow Foodpanda to build curated food experiences with its cloud kitchen network
Indore-based Prataap Snacks has grown to become India’s sixth-largest packaged snack maker thanks to its smart pricing that appeals to customers.
Ajoy Misra, MD and CEO, says the restructuring will lead to better synergies, cost optimisation and increased focus on core business.