News on Food Trends from India

February 04, 2008

After 17 yrs, McDonald's expects to earn profits in India

Riding on the back of a major expansion spree, global fast food chain McDonald's on Monday said it expects the Indian operations to be profitable from the next fiscal, 17 years after it set up shop in the country. The company, which achieved break-even...

February 03, 2008

McDonald's Maharaja Mac may soon travel by train

Millions of rail travellers may soon have the option of gorging on McDonald's burgers on-board trains, discussions for which are on between the railway authorities and the global fast food giant. Buoyed by the successful bid for opening a restaurant at...

January 17, 2008

India's ITC Q3 Net Rises 16 pct, Beats Forecast

India's top tobacco firm, ITC Ltd, on Friday beat market forecasts with a 16 percent rise in quarterly profit, helped by strong growth in packaged foods and hotels, as it bolsters its non-cigarette businesses further.

November 27, 2007

ITC Aiming for Top Spot in India

Indian giant ITC has announced that it aims to treble the turnover of its packaged food operations and to become the overall leader of the Indian packaged food sector by 2011.The cigarette giant’s food units are growing at a rate of 68.17% annually.Exa...

November 23, 2007

Burger King, Wendy's in talks with DLF for joint venture

Both Burger King and Wendy’s have held talks with DLF, a leading real estate developer to discuss an entry into the Indian market. Sources say that the ball is now in DLF’s court for zeroing in on a partner. The exact partnership model that is being ex...

November 11, 2007

Efficiency of McDonald's India is an inspiration.

In India, McDonalds reveals unique local flavours — both on its very resistable menu and otherwise. Much to the surprise of ultranationalists and leftists who thought the American food giant would be routed, it has stuck around, growing and expanding ...

October 15, 2007

McDonald's India seeks to triple number of restaurants.

McDonald's Corp.'s Indian unit plans to invest at least INR3 billion (USD 75 million) over the next three-to-five years to triple the number of its fast-food restaurants in the country (currently 125), a senior company executive said Monday. "We...

October 02, 2007

McDonald's no longer betting big on kid stuff in India

Happy Meals, Big Mac’s most famous sub-brand specially tailored for children and a company trademark since 1979, has been witnessing a year-on-year decline in sales in India. “Kids’ visits to our stores have been declining year-on-year and have been ov...

September 28, 2007

India's 'retail revolution' sours for Reliance

Indian giant Reliance Industries has frozen plans to bring a Western-style "retail revolution"to the nation's biggest state amid bitter opposition from small traders, an official said Wednesday. Reliance has suspended retail operations and ...

September 26, 2007

The power of private labels: Retailers take on established brands with their own

When Pepsico’s Frito-Lay decided to boycott Pantaloon’s Food Bazaar due to differences in terms of trade, it was the latter’s private label which got a boost in shares. Today Tasty Treat, the ready-to-eat private label of Food Bazaar, is leading with ...

August 03, 2007

Yum plans to double India business by 2010

Yum Brands Inc., parent of the KFC, Taco Bell and Pizza Hut fast-food chains, plans to double its Indian revenues by 2010 as it adds more restaurants, its top Indian official said on Friday. "We will be adding around 30-40 restaurants annually for...

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