Potato News from India

The Indian food processing sector is likely to grow at the rate of over 10 percent from 2015 onwards as a result of increased investment from private sector, according to a study.

Indian Potato chip, fries and flake manufacturers have urged the government to waive the 30% import duty on potato to improve supplies and check soaring prices at home.

Farmers and cold storage owners in India (Agra, UP) have lauded the decision to lift the ban on import of seed potatoes.

SV-Agri and Mooij Agro have signed the agreement for the establishment of their Joint Venture in at the annual convention, held on September 10 and 11, last in Pune, India.

McCain Foods and DuPont India are collaborating to implement the Global GAP (Good Agricultural Practices) Farm Assurer Certification Program with McCain contract farmers.

The Kolhapur-based Sanjay Ghodawat Group, which has interests in a number of sectors including fast-moving consumer goods (FMCG), will soon foray into the food and beverage market with the launch of the snack brand, Star555.

Potato supply from West Bengal was disrupted again with the authorities of the neighbouring state re-imposing transport restrictions from today (August 24, 2014), a week after Trinamool Congress (TMC) government there relaxed movement of this vegetable variety to Odisha.

India’s government is seeking help from an unlikely partner to feed millions of its hungriest children: PepsiCo Inc, the world’s largest snack maker.

The future of the West Bengal government's proposed potato flakes processing unit at Sheoraphuli in Hooghly district seems to be uncertain with no private company ready to invest in the facility so far.

Himalya International Ltd, a food processing firm based in India, is terminating its frozen foods joint venture (JV) with US-based J R Simplot Company, as per a stock market disclosure.

To prevent rising prices of potato in the state, the West Bengal government has decided to continue a ban on its transportation to other states and abroad until normal situation was restored.

Potato prices are rising in North India due to a lack of supply

The Narendra Modi government (India) on Tuesday decided to bring onions and potatoes under the Essential Commodities Act (ECA) to curb black marketing and hoarding, blamed for recent surge in prices. This will empower states to impose caps on stocks of these two vegetables for traders.

Earlier this month, the inaugural ceremony took place of Fryo's state of the art potato chips line built by Dutch equipment manufacturer Kiremko

Rajkot-based Balaji Wafers Private Limited is in process of increasing its production capacity of its plant in Rajkot by 50 percent.

Indian snacks maker Balaji Wafers Private Limited is now preparing to come out with an initial public offering (IPO) to raise fund for its future expansions. The company that was in talks with private equity (PE) funds to sell stake, has dropped the idea of stake sale for now.

Fries, chips and flakes manufacturers in India are concerned over firm prices of potato, which has seen a jump owing to poor crop this year. Companies assure that an increase in retail price was unlikely to take place in the short run.

ITC Ltd's operating profit from its fast moving consumer goods (FMCG) business excluding cigarettes jumped three-and-a-half times to Rs 43 crore during the January-March quarter from Rs 11.87 crore in the corresponding period a year ago