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FSSAI notices to 8 companies over misleading names, claims
The Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food companies, including Emami Healthy & Tasty, for potentially misleading product names and claims. Companies like Plan B are under scrutiny for "plant-based vegan" marketing without prior approval. FSSAI aims to prevent consumer deception regarding food products.
Further price hikes likely in food, personal care products as raw material costs rise: Report
Prices of everyday products are set to increase. Companies face rising raw material costs, leading to hikes and smaller product sizes. Food, beverage, home, and personal care items will be affected. This trend is expected in the coming months. Companies are using price increases and cost savings to manage. Retail inflation may impact buying habits. Gross margins are under pressure.
Britannia bets on ‘Many Indias’ strategy amid inflation, shifting consumer demand
Britannia is adopting a 'Many Indias' strategy. Startup-style teams will gain local decision-making power. This move aims to boost agility and product customisation for regional markets. The company is also investing in premium products and new food categories. These changes are expected to yield results in the coming quarters.