There exists a “strong opportunity” for dairy manufacturers to boost milk’s health credentials in India, according to new Mintel research. Read more
Drums Food International, the parent company of Indian yogurt brand Epigamia, has secured $25.6m in funding, including an investment from Danone. Read more
Diageo’s Indian subsidiary United Spirits has sold its wine division Four Seasons Wines in a move to focus on its core brands in the country. Read more
Cosmo Films, the Indian maker of films for flexible packaging, has launched a new sterilisable conduction sealing film for PP and PE containers. Read more
Unilever has fended off competition from other major companies to acquire GSK's Indian arm and the Horlicks brand for approximately €3.3bn. Read more
PepsiCo is planning to invest $5m in India by 2020 to expand and enhance its agricultural operations in the country, according to local media reports. Read more
Mondelēz International has inaugurated a new research and development centre in Thane, India, following an investment of $15m. Read more
Kraft Heinz has agreed to sell a range of its Indian brands, including children’s milk drink Complan, to Zydus Wellness for around $628m. Read more
Pernod Ricard Q1 net sales rose 10.4% year-on-year to €2.39bn, with the company performing particularly well in India and China. Read more
Alland & Robert has announced that it will form an India-based joint-venture with Indian ingredients company Sayaji Industries. Read more
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