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SECTOR | 28 Apr 2025

Amul targets 5-fold growth in protein-production; pushes protein consumption through IPL tournament

Business Line

With 15 products in its protein range and five-fold growth planned in protein production, Amul is pushing to make protein products a part of everyday life of Indians.

Retailing

SECTOR | 26 Apr 2025

Amul launches high-protein Kulfi

Business Line

Launched in 2022, this range comprises India's first plain lactose free Whey Protein Concentrate with 25 gram protein in a single serve sachet of 32 grams

Retailing

SECTOR | 25 Apr 2025

Kinley Soda becomes 1,500 cr brand in India, tops sparkling water category

Business Standard

Beverage major Coca-Cola India on Friday said its Kinley Soda brand has crossed Rs 1,500 crore in revenue in the Indian market, emerging as a leader in the category. The success of Kinley Soda underscores Coca-Cola India's commitment to the market with innovation, backed by data-led decisions, supply chain strength, and a sharp focus on what consumers seek in the refreshment segment, the company said in a statement. This milestone had been achieved through over two decades of consumer trust, a demand-led portfolio, and the company's strategy of making beverages accessible to consumers, it added. "From nimbu sodas at street-side thelas to premium hospitality mixers, the brand has built a reputation as a dependable, high-quality soda. Its crisp taste and signature carbonation have made it a staple across occasions, outlets, and generations," said Coca-Cola India. Kinley Soda, is available in more than 1.4 million retail outlets in India, across channels from neighbourhood kirana sto

Coca-Cola's Kinley Soda becomes 1,500 cr brand in Indian market

Business Line | 25 Apr 2025

Retailing

SECTOR | 24 Apr 2025

Devyani International To Acquire Majority Stake In Sky Gate Hospitality For Rs 419.6 Crore

NDTV Profit

Devyani International operates well-known chains such as KFC, Pizza Hut, and Costa Coffee through franchise agreements.

Devyani to acquire 80.72% stake in Sky Gate Hospitality for 419.6 cr

Business Standard | 24 Apr 2025

Retailing

SECTOR | 23 Apr 2025

Amul's revenue touches 90,000 crore in FY25 on strong double-digit growth

Business Standard

Jayen Mehta, managing director (MD) at Amul told Business Standard, "We are now aiming for Amul to be a 1-trillion brand in FY26 as we expect the strong growth, seen across categories, to continue"

Retailing

SECTOR | 22 Apr 2025

CCI approves Kandhari's Rs 2,000-cr deal for Coca-Cola's bottling unit

Business Standard

Fair trade regulator CCI on Tuesday approved Kandhari Global Beverages' proposal to acquire beverage major Coca-Cola's bottling plant for Rs 2,000 crore. Kandhari Global Beverages is an authorised bottler of the Coca-Cola Company (TCCC) and Schweppes Holdings, and is engaged in the business of supplying and distributing non-alcoholic beverage (NAB) products in Rajasthan. "CCI approves the proposed acquisition of the target business by Kandhari Global Beverages Pvt Ltd," the Competition Commission of India (CCI) said in a release. The target business comprises Hindustan Coca-Cola Beverages Pvt Ltd's (HCCBPL) business of preparing, packaging, supplying and distributing NAB products in north Gujarat and Union Territory of Diu. Last month, Coca-Cola said that it is selling its bottling plant in the north Gujarat region to Kandhari Global Beverages. Though the company has not shared financial details, industry insiders have pegged the deal to be around Rs 2,000 crore, where Coca-Cola w

Retailing

SECTOR | 08 Apr 2025

Why are protesters in Bangladesh vandalising Bata, KFC and Pizza Hut?

Business Standard

Outlets of Bata, KFC, and Pizza Hut vandalised across Bangladesh as protests erupt over Israeli strikes in Gaza and calls grow for a boycott of Israeli-linked brands

Retailing

SECTOR | 06 Apr 2025

Amul's revenue may touch Rs 1 trn by FY26; GCMMF's share likely at Rs 75Kcr

Business Standard

India's leading dairy brand Amul's revenue is expected to rise more than 10 per cent to about Rs 1 lakh crore this fiscal due to rising consumer demand for milk and its products. Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) sells dairy products under the 'Amul' brand. Besides, its 18 district cooperative milk producer's unions sell on their own in local district markets. In an interview with PTI, GCMMF Managing Director Jayen Mehta said the total revenue of the Amul brand is likely to touch Rs 1 lakh crore in 2025-26 fiscal against around Rs 90,000 crore in the previous year. "At GCMMF, we are targeting a 14 per cent growth this fiscal to Rs 75,000 crore," Mehta said, anticipating demand growth. The turnover from direct marketing of Amul products by 18 member unions will be around Rs 25,000 crore this fiscal, taking the total revenue to Rs 1 lakh crore. During the last 2024-25 fiscal, Mehta said the GCMMF recorded an 11 per cent rise in its revenue to Rs 65,911 crore

Retailing

SECTOR | 05 Apr 2025

Pick of BL commodities - April 6, 2025

Business Line

US President Donald Trump's reciprocal tariffs hogged the limelight last week. It is a mixed bag for the Indian agriculture sector, but gains are likely. India's largest cooperative organisation, Amul, sees gains from the US tariffs, while the honey sector is pegging its hopes on the US easing its anti-dumping duty on the produce. However, the tariffs decision has raised fears of a US-led recession, dragging the commodities market. The International Crops Research Institute for Semi-Arid Tropics (ICRISAT) has set its sights on deploying artificial intelligence, machine learning and large language models, while human-animal conflict is affecting farm revenues in Kerala.

Retailing

SECTOR | 03 Apr 2025

Trump's tariffs to make Amul preferred supplier of choice in international markets served by United States: GCMMF

Business Line

Retaliatory tariffs by the US could benefit Indian dairy exports to the US