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| Processed Foods News | |||||||||||||||||||||||||||||||||||||
A host of corporates are getting into agri-business as it will ease their foray into food retail. The priority accorded to the food-processing sector in the Union Budget this year will also fuel the interest. FICCI plans panel to study food industry woes (2/5/2003, The Hindu Business Line) THE Federation of Indian Chamber of Commerce and Industry (FICCI) would shortly set up a committee to look into the problems plaguing the Indian food industry. Agro Tech incurs loss (10/31/2002, The Hindu Business Line) AGRO Tech Foods Ltd (AFTL), a subsidiary of global food major ConAgra, has posted a sales income of Rs 289.4 crore, other income of Rs 2.2 crore and a net loss of Rs 12.9 crore during the quarter ended September 30, 2002. World meat production, trade to get a boost (10/24/2002, The Hindu Business Line) FOOD safety concerns, which slowed annual growth in meat trade in 2001 to its lowest level for 13 years, are abating; and recovering meat consumption, particularly of beef, is supporting a 3 per cent rise in meat trade to 18 million tonnes, according to Food and Agriculture Organisation (FAO). Food law can be based on other country models' (6/12/2002, The Hindu Business Line) EVEN as the Group of Ministers (GoM), under the chairmanship of the Commerce Minister, works at putting in place an integrated food law - the Federation of Indian Chambers of Commerce and Industry (FICCI) feels that India could do well to echo the practice prevalent in other regions. | |||||||||||||||||||||||||||||||||||||
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Disclaimer: All information is true to source. The links are provided from the SCS Group website to the news source. The SCS Group holds no responsibility for the content mentioned in the article. | |||||||||||||||||||||||||||||||||||||
