FMCG & Consumer Durables Newsletter - November 21 to 25, 2016

India Infoline News Service | Mumbai | November 25, 2016 15:33 IST

This week, Britannia Industries opens R&D centre near Bengaluru, LT Foods enters into JV with Kameda Seika. IIFL presents a weekly snapshot of all the major happenings in the FMCG and Consumer Goods industry, nationally and internationally.

LT Foods
Top Story
LT Foods enters into JV with Kameda Seika
L T Foods Ltda global specialty foods company with leading consumer brands including ‘Daawat’, ‘Royal’, ‘Devaaya’ among others in India as well as US is entering into a JV with KAMEDA SEIKA of Japan to manufacture and market rice based snacks in India. Read More
Domestic News
Britannia Industries opens R&D centre near Bengaluru
Britannia Industries, one of the India’s biggest brands of the country, has opened an R&D centre and a manufacturing unit in Bidadi, near Bengaluru entailing an investment of Rs 200 crore. The new facility is a far cry from the market leader’s first (and modest) R&D (research and development) centre in Mumbai, launched almost half a century back. Read More
Mitashi forays into washing machines market
Mitashi is India’s premium homegrown consumer electronics brand that has brought to its patrons world-class technology at valuable rates. Over 20 million happy customers enjoy Mitashi’s exceptionally popular ranges of smart televisions, home theatres, air conditioners, Tower speakers, portable devices and new-age toys, every day. In keeping with its commitment to bringing in class-apart product ranges, Mitashi has forayed into the washing machines market with its sparkling new range. Read More
LT Foods to open a branch in Rotterdam
LT Foods, a Global Rice Specialist Company which has presence in more than 65 countries and leading share in India and US with its brands called Daawat and Royal is setting up a plant in Rotterdam. The Indian Company will open a branch on the Maasvlakte in the spring of 2017. The arrival of this reputable Indian Company will strengthen Rotterdam's food cluster and provide the city with 70 to 100 new jobs. Read More


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