Consumer Food

In a bid to address rising tomato prices, the National Cooperative Consumers Federation (NCCF) on Monday initiated a market intervention by directly procuring tomatoes from mandis and selling them at a subsidised rate of Rs 65 per kilogram at 50 locations of Delhi-NCR. The intervention is to protect consumers from the recent increase in tomato prices and to prevent windfall gains for intermediaries, according to an official statement. Consumer Affairs Secretary Nidhi Khare initiated the retail sale of tomatoes through mobile vans and NCCF retail shops at Krishi Bhawan. " We are trying to moderate the prices of tomatoes. With this market intervention, in the next 3-4 days prices of tomatoes will come down," Khare told reporters. The statement said the retail prices of tomatoes have seen an unwarranted increase in recent weeks despite continuous arrival in good quantities in mandis. Prolonged monsoon rains and high humidity in major producing states such as Andhra Pradesh, Karnataka

The acquisition will give Wipro Consumer Care and Lighting an entry into the Rs 70,000-crore spices market, which recently witnessed the entry of companies such as Dabur India

A Kerala-based agribusiness startup has launched an end-to-end supply chain connecting banana cultivators, traders and exporters on a single platform. The start-up, Greenikk, has built enablement centres (EC) in the major banana producing agricultural-belts in Kerala, Tamil Nadu and Karnataka to provide farmers with production and marketing-related support, a release issued by it on Thursday said. "These ECs will provide the farmers with required supports such as finance, seeds, crop advisory, insurance coverage, agri inputs, including weather tips, and market connect, covering the entire gamut of production and marketing both inside the country and outside," it said. "Similar ECs are planned in other south Indian states of Andhra Pradesh and Telangana and further scaling across the whole of India," the start-up said. The platform would also help farmers to better utilise the organic waste that is left behind after the harvest, as manure and poultry feed, the release said. Such ..

Industrial output remains robust

The number of brands growing in terms of CRP improved in 2021 (70 per cent), over 2020 (56 per cent)

You needn't give up breads, biscuits, pastas and pies if wheat doesn't suit you. There are millet-based options galore in the market. But consult your doctor first and don't get sold on labels

As consumer behaviour evolve in India, investors are turning bullish on the consumer space