“Coronavirus has accelerated the trend of packaged food, including besan, pulses, mithai and namkin,” said Chetan Jain, director of Rajdhani Flour Mills. He said millers had reported a rapid increase in demand for packaged food and snacks.
“This is a global endorsement of the work done under Eat Right India,” former chief executive of FSSAI Pawan Agarwal said in the statement. He said citizens have huge stakes in ensuring that the country gets its food system right and work towards that end.
“It is premature to provide a consumption outlook for the upcoming festive season. The management of the crisis externally will have a significant bearing on all businesses,” Coca-Cola India and Southwest Asia president T. Krishnakumar said on Tuesday, addressing a virtual press briefing.
“Small and medium scale mithai shops have started closing down due to high rentals, non-opening of malls and lower demand over the past few months,” said Virender Jain, president of Federation of Sweets & Namkeen Manufacturers (FSNM).
Mother Dairy has launched three types of breads -- sandwich, brown, and fruit & milk -- in a price range of Rs 15-40 per packet. The breads will be initially available at its 1,800 milk booths and 'Safal' outlets in the National Capital Region (NCR).
"Will India go back to double-digit growth in the coming months? Maybe not, but if India delivers us a 6%, 7%, 8% topline growth, that's more than enough for us to keep on going on our plan," chief executive officer Dirk Van de Put said on an investor call after the US-based company reported a 2.5% decline in sales globally.
The Covid-19 pandemic has shuttered schools, with many schools taking classes online as a result. However, the lack of good internet and access to laptops have acted as barriers in the way of children continuing their education. The laptops are meant to help workers' school-going children access online education.
“Younger households are discovering there is a kitchen in the house. Also, a lot of celebrations are moving from outdoors to at home," Balki Radhakrishnan said in his first media interview after becoming the managing director of General Mills - Asia, the Middle East and Africa in February this year.
In the three months to end-June, fresh packaged food brand iD Fresh Food has seen paratha sales rise by 60% compared with the previous quarter, while meat products and seafood brand Licious has seen a more than 300% jump in sale of ready-to-eat meat spreads, a two-fold increase sale of ready-to-cook kebabs, marinated meat and seafood.
Due to personal reasons, Nithin Bagamane might not be able to devote his full-time and service to the company, and hence served his resignation as Interim Chief Operating Officer, CDEL said. His resignation is effective from July 14, 2020. However, Nithin Bagamane will continue as a member of Executive Committee and help the company.