Stay updated with the latest confectionery news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on confectionery topics.
Mumbai: India's snack makers are struggling to cut sugar. Low- or reduced-sugar products made up just 0.9% of launches in chocolates, confectionery, biscuits and snack bars last fiscal year ended March 31. While that is up from 0.1% in 2022, the share has stagnated over the past two years and even slipped from 1.1% in 2024, according to latest data from UK research firm Mintel shared with ET. Also Read | Parle continues to be India's top FMCG brand at home, 13th time in a row: Report But tha ...Read More >
New Delhi [India], April 1 (ANI): A large-scale chocolate theft in Europe recently has taken an unexpected digital turn on Wednesday, with the popular confectionery brand unveiling a "Stolen KitKat Tracker" on Wednesday, that allows customers to check whether their chocolate bar is part of the "missing batch." The update comes days after the company confirmed that a large consignment (12 tonnes) of its products had gone missing during transit. The unusual incident, already drawing global atten ...Read More >
Mumbai, April 1: More than 400,000 KitKat chocolate bars, weighing around 12 tonnes, have been stolen from a delivery truck during transit across Europe, manufacturer Nestlé confirmed. The shipment, consisting of 4,13,793 bars, went missing while being transported from a factory in central Italy to Poland. The vehicle and its cargo remain unaccounted for, with investigations ongoing in coordination with local authorities and supply chain partners. The company has stated that each stolen bar is ...Read More >
PRNewswire New Delhi [India], March 11: Following the signature of the landmark UK-India Free Trade Agreement (FTA), the food and drink sector is emerging as a key driver of bilateral trade. The agreement is expected to create new opportunities for exporters and importers in both countries by improving market access and strengthening commercial ties. The deal will lead to an increase in bilateral trade by £25.5 billion every year in the long term, supporting new jobs and growth across both econ ...Read More >
New Delhi, Oct 24 (PTI) Orkla India, which owns spices and condiments brands MTR and Eastern, on Friday fixed a price band of Rs 695-730 per share, aiming for a valuation of around Rs 10,000 crore at the upper end. The company's Rs 1,667 crore Initial Public Offering (IPO) will open for public subscription on October 29 and conclude on October 31, according to a public announcement. Anchor investors can submit their bids on October 28. The company's IPO is a complete Offer For Sale (OFS) of 2 ...Read More >
New Delhi, October 23: Finance Minister Nirmala Sitharaman highlighted on Thursday that the unified payments interface (UPI) platform processed 754 million payments worth Rs 1.02 lakh crore on October 18, marking the highest single-day tally, as consumer demand surged due to the GST rate cuts. During the three-day period between Dhanteras and Diwali, the average UPI volumes stood at 736.9 million -- higher than 647.46 million in the corresponding period a month ago, the Finance Minister said. " ...Read More >
NEW DELHI: Finance Minister Nirmala Sitharaman highlighted on Thursday that the unified payments interface (UPI) platform processed 754 million payments worth Rs 1.02 lakh crore on October 18, marking the highest single-day tally, as consumer demand surged due to the GST rate cuts. During the three-day period between Dhanteras and Diwali, the average UPI volumes stood at 736.9 million -- higher than 647.46 million in the corresponding period a month ago, the Finance Minister said. "It has been ...Read More >
NEW DELHI, Oct 21: Buoyed by GST reforms and strong consumer demand, India saw Diwali sales reach Rs 5.40 lakh crore in goods and about Rs 65,000 crore in services across the country, industry figures showed on Tuesday, marking the highest-ever festival season turnover in the country's retail and trading history. This marks a 25 per cent increase over 2024 festive sales (Rs 4.25 lakh crore) from the Navratri to Diwali period, according to CAIT Research and Trade Development Society, the researc ...Read More >
New Delhi , Oct 21: Record-breaking Diwali sales of Rs 5.40 lakh crore in goods and 65 thousand crores in services reflect India's economic strength and Swadeshi spirit, said trade body Confederation of All India Traders (CAIT). CAIT has released its comprehensive "Research report on Diwali festival sales 2025", based on an extensive nationwide survey across 60 major distribution centres, including state capitals and Tier 2 & 3 cities, conducted by its research wing, CAIT Research & Trade Devel ...Read More >
India's Diwali sales hit a record high of Rs 5.40 lakh crore in goods and Rs 65,000 crore in services. This represents a 25 percent increase over last year. GST reforms and strong consumer demand fueled this growth. Brick-and-mortar stores saw a significant revival. Rural and semi-urban areas contributed substantially to the sales surge. Buoyed by GST reforms and strong consumer demand, India saw Diwali sales reach Rs 5.40 lakh crore in goods and about Rs 65,000 crore in services across the cou ...Read More >
CHENNAI: With the tradition of exchanging sweets and savouries among family and friends, sweet shop owners in Chennai say prices have gone up by 10 to 15 per cent this year. Caterers and confectioners attribute the hike to rising labour costs and input expenses, including ghee, sugar, and dry fruits. S Krishna Prasad, who runs a sweet shop franchise in T Nagar, said a price surge during festive seasons were common, particularly during Deepavali. "This year, a kilo of traditional sweets and sav ...Read More >
Explore India's FTA with EFTA: USD 100 billion investment, 1 million jobs, tariff reductions, and benefits for key sectors. New Delhi, Oct 1 (PTI) India's free trade agreement (FTA) with four European nation bloc European Free Trade Association (EFTA) comes into effect. It is aimed at boosting two-way commerce and investments. The EFTA members are Iceland, Liechtenstein, Norway, and Switzerland. It was signed on March 10, 2024. * What is an FTA? It is an arrangement between two or more count ...Read More >
New Delhi, Oct 1 (PTI) India's free trade agreement (FTA) with four European nation bloc European Free Trade Association (EFTA) comes into effect. It is aimed at boosting two-way commerce and investments. The EFTA members are Iceland, Liechtenstein, Norway, and Switzerland. It was signed on March 10, 2024. * What is an FTA? It is an arrangement between two or more countries where they agree either to eliminate or reduce customs or import duties on the maximum number of goods traded between th ...Read More >
New Delhi [India], September 28 (ANI): World Food India 2025, organised by the Ministry of Food Processing Industries (MoFPI), concluded on a historic note with investment commitments of unprecedented scale. Over the course of the four-day event, 26 leading domestic and global companies signed Memoranda of Understanding (MoUs) worth a total of Rs 1,02,046.89 crore, marking one of the largest investment announcements in India food processing sector, said an official release from the Ministry of ...Read More >
New Delhi: The Centre on Sunday signed a memorandum of understanding (MoU) worth over Rs 1 lakh crore with 26 leading domestic and global companies, marking one of the largest investment announcements in India's food processing sector, according to the government. In an official statement, the government said that a summit, organised by the ministry of food processing industries, was inaugurated by the Prime Minister Narendra Modi held in the national capital from September 25 to 28, and the Wo ...Read More >
New Delhi, Sep 28 (PTI) The government has signed agreements with 26 overseas and domestic firms during the 'World Food India' summit for investments worth Rs 1.02 lakh crore in India's food processing sector. The summit, organised by the Ministry of Food Processing Industries, was held at Bharat Mandapam in the national capital from September 25 to 28. In an official statement on Sunday, the ministry said the World Food India 2025 concluded on a historic note with investment commitments of un ...Read More >
New Delhi: The government's plan to simplify the Goods and Services Tax (GST) structure, replacing the existing four-slab GST system with a simpler two-slab structure, is set to bring considerable relief to the consumers, with lower tax rates expected to make a wide range of goods more affordable, according to a new report. This move will directly benefit 11.4 per cent of India's Private Final Consumption Expenditure (PFCE), with taxable consumption estimated at Rs 150-160 lakh crore, Bank of B ...Read More >
Amritsar (Punjab) [India], August 2 (ANI): Counter-Intelligence (CI), Amritsar, has busted a cross-border illegal arms smuggling module with alleged links to Pakistan and arrested five operatives, recovering six sophisticated pistols from their possession, Punjab Director General of Police (DGP) Gaurav Yadav said on Friday. According to a statement issued by the Department of Information and Public Relations, Punjab, those arrested have been identified as Jagroop Singh of Dhun (Tarn Taran), Nav ...Read More >
Kolkata: Chief minister Mamata Banerjee's announcement of an increased grant of Rs 1.1 lakh to each registered Durga Puja committee in the state has added to the festive fervour. This move has been welcomed by organisers and the larger puja fraternity at a time when artisans are busy giving shape to Durga idols and pandals across the city. The announcement, an increase from last year's Rs 85,000, has sent the city's thousands of puja committees to the table to plan how to spend the money in the ...Read More >
Mumbai: A 40-year-old man has been arrested in Mumbai for allegedly strangling his five-year-old stepdaughter and dumping her body in the Arabian Sea. The body was discovered floating near Sassoon Dock in Colaba on Tuesday morning, leading to the swift arrest of the accused.According to the police, the child had been reported missing from the Antop Hill area in Central Mumbai a day earlier. Her mother, Nazia, who works as a housemaid, and Imran Shaikh, the accused, had approached the Antop Hill ...Read More >
New Delhi, Jul 16 (PTI) Three private equity firms have sought approval from the Competition Commission of India (CCI) to acquire a stake in Mumbai-based bakery chain Theobroma. At least two private equity firms -- Infinity Partners and Atreides Investments BV -- are affiliates of ChrysCapital. Another PE firm Aqua Investments Ltd will also be acquiring a stake in Theobroma Foods. Also Read | Aadhaar Free Update: Government Requests Parents to Update Children's Aadhaar Biometrics Between Age 5 ...Read More >
New Delhi, Jul 16 (PTI) Three private equity firms have sought approval from the Competition Commission of India (CCI) to acquire a stake in Mumbai-based bakery chain Theobroma. At least two private equity firms -- Infinity Partners and Atreides Investments BV -- are affiliates of ChrysCapital. Another PE firm Aqua Investments Ltd will also be acquiring a stake in Theobroma Foods. The development came following reports that homegrown PE major ChrysCapital is set to acquire a 90 per cent stake ...Read More >
New Delhi, July 14 (SocialNews.XYZ) In a bid to boost the ease of doing business, the Delhi government has set a 20-day pollution clearance deadline for Green Category industries, Environment and Industries Minister Manjinder Singh Sirsa said on Monday. From August, all applications for Consent to Operate (CTO) by eligible Green Category industries will be automatically deemed approved if no decision is made within 20 days -- a sharp reduction from the earlier 120-day timeframe, he said. Sirsa ...Read More >
New Delhi: In a major relief to the common man, headline retail inflation dipped to a more than six-year low of 2.1 per cent in June, mainly due to subdued prices of food items such as vegetables, pulses, meat, and milk among others. At the same time, wholesale price inflation (WPI) also stayed in a negative zone after a gap of 19 months, declining 0.13 per cent in June due to cheaper prices in food articles and fuel, and with softening in manufactured product costs, two separate government data ...Read More >
New Delhi, Jul 14 (PTI) Retail inflation declined to over six-year low of 2.1 per cent in June, nearing the RBI's comfort zone, on account of subdued prices of food items, including vegetables, driven by widespread monsoon. The Consumer Price Index-based inflation was 2.82 per cent in May and 5.08 per cent in June 2024. Inflation is on a decline since November 2024. Year-on-year inflation rate based on CPI for the month of June 2025 over June 2024 is 2.1 per cent, the National Statistics Offic ...Read More >
New Delhi [India], July 14 (ANI): Continuing its downward trend, retail inflation in India hit a new over six-year low in June, in further respite to common people. According to the statistics ministry, the year-on-year inflation rate based on Consumer Price Index (CPI) for June was 2.10 per cent (provisional), a decline of 72 basis points in headline inflation from May 2025. It is the lowest year-on-year inflation since January 2019. Notably, the year-on-year inflation rate based on All India C ...Read More >
New Delhi [India], July 14 (ANI): Continuing its downward trend, retail inflation in India hit a new over six-year low in June, in further respite to common people. According to the statistics ministry, the year-on-year inflation rate based on Consumer Price Index (CPI) for June was 2.10 per cent (provisional), a decline of 72 basis points in headline inflation from May 2025. It is the lowest year-on-year inflation since January 2019. Notably, the year-on-year inflation rate based on All India ...Read More >
New Delhi [India], July 4 (ANI): The India tour of Bangladesh, which was scheduled to take place in August, is likely to be cancelled because of the situation prevailing in the country over the last few months, as per sources in the Board of Control for Cricket in India (BCCI). India is supposed to play a three-match ODI series from August 17, which will then be followed by a three-match T20I series, which will begin from August 26. Speaking about the India tour of Bangladesh, a BCCI source to ...Read More >
IMAGE: India are scheduled to tour Bangladesh for a white-ball series in August. Photograph: Screengrab/X The India tour of Bangladesh, which was scheduled to be held in August, is likely to be cancelled because of the situation prevailing in the country over the last few months, sources in the Board of Control for Cricket in India (BCCI) said. India is supposed to play a three-match ODI series from August 17, which will then be followed by a three-match T20I series, which will begin from Augu ...Read More >
MUMBAI, July 3 (Reuters) - Indian billionaire Mukesh Ambani's Reliance Industries said it will spin off its consumer goods unit into a new entity to allow the fast-growing business to attract investors beyond those backing its retail unit. Reliance's consumer business includes brands such as Campa Cola, which competes with Coca-Cola and Pepsi, and dozens of other snacks and confectionery brands that fight for shelf space with the likes of Mondelez's Cadbury chocolates. India's National Company ...Read More >
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