Packaged Food Products

AAR rules 18% GST on infant food containing milk, other ingredients

Rajasthan authority for advance rulings observed that the primary product manufactured by the company is infant milk formula which includes cereals and protein supplements

Label claims on packaged food could be misleading, ICMR warns consumers

Food labels on packaged items can be misleading, apex health research body ICMR has said stressing that consumers should read the information carefully to make informed and healthy choices. It also pointed out that sugar-free foods maybe loaded with fats, while packed fruit juices may contain only 10 per cent fruit pulp. In its recently issued dietary guidelines, the Indian Council of Medical Research (ICMR) said health claims on packaged food are designed to catch the consumer attention and convince them that the product is healthy. "Though the Food Safety and Standard Authority of India (FSSAI) has strict norms, the information presented in labels could be misleading," the dietary guidelines for Indians issued by the Hyderabad based National Institute of Nutrition (NIN) under the apex health research body said on Wednesday. Giving some examples, the NIN said a food product can be called 'natural' if it doesn't have added colours and flavours or artificial substances and goes thro

Indians spending more on packaged food, eating out as home cooking declines

Spending on processed food by the urban elite consumer more than doubled in FY23; it surged more than threefold for middle-income consumers

Bikaji Foods Q3 results: Profit up 14% on strong demand for packaged sweets

Consolidated net profit stood at Rs 46.62 crore ($5.6 million) for the three months ended Dec. 31, compared with Rs 40.74 crore a year earlier

Delhi HC issues notice to authorities over sale of repackaged expired food

A division bench has filed a suo motu PIL over the sale of food products passed their expiry dates that are repackaged on sold, raising concerns on public health and safety

Printing 'date of mfg', 'sale price' on packaged items mandatory from Jan 1

Printing the 'date of manufacturing' and 'unit sale price' has become mandatory on all packaged commodities effective from Monday, according to Consumer Affairs Secretary Rohit Kumar Singh. Earlier, companies were given the option to either print the 'date of manufacturing' or 'date of import' or date of packaging on the packaged commodities. Now, companies have been mandated to print only the 'date of manufacturing', along with the 'unit sale price', as per the latest notification issued by the Consumer Affairs Ministry. "Since packaged items are sold in different quantities, it is important that consumers are aware about the 'unit sale price' of what is packed and make an informed purchase decision," the consumer affairs secretary told PTI. Printing the date of manufacturing will help consumers know how old the packaged item is and help them make conscious purchase decisions. Similarly, the printing of unit sale price will make it easy for consumers to ascertain the cost in unit

Scientists identify effective nutrition labels for India's population

Researchers have designed new front-of-pack nutrition labels (FoPLs) for India that are easy to understand and can promote healthier food choices. FoPLs of different types highlighting various components of packaged food are in use in many parts of the world. They are mandatory in some countries and voluntarily applied by manufacturers in others. FoPLs provide key information on food components that consumers can use to make choices and purchasing decisions, such as avoiding unhealthy options and choosing healthier ones. India, which does not have an FoPL system in place yet, intends to implement one to promote informed decision-making on packaged food purchasing, as part of promoting healthier diets in the population, the researchers said. Commissioned by the World Health Organization, India, researchers from The George Institute for Global Health, Melbourne Center for Behavior Change, UNICEF, International Union against Tuberculosis and Lung Disease, conducted the study. The ...

Bikaji Foods m-cap crosses Rs 10,000 crore; stock 36% above issue price

At 10:33 am; the stock traded 6.8 per cent higher at Rs 405.35, with a market capitalisation of Rs 10,114 crore, the BSE data shows

Relief for directors of retail firms as govt amends Legal Metrology rules

The government has pointed out that the changes are being made as part of the ease of doing business

FSSAI rules: Here is what packaged food and restaurant menus must mention

The government on November 17, 2020, notified the norms under the Food Safety And Standards (Labelling and Display) Regulations, 2020, for producers, retailers, and servers

Adani Wilmar down for 8th straight day; slips 34% from 52-wk high level

Post the sharp share price rally since listing, brokerage firm JPMorgan find the stock's risk-reward unattractive. Analysts have downgraded their stance to 'underweight' with a target price of Rs 525.

Packaged food likely to see FSSAI health star ratings after one year

This move by FSSAI will impact food companies, including Hindustan Unilever, ITC, Britannia, Nestle India, and Amul

Mrs Bectors Food Specialities slips 10% on heavy volumes

Mrs Bectors Food has underperformed market in the past 3-6 months after reporting weak set of numbers. In comparison, the benchmark index was down by less than 4 per cent during the same period.

Imported paper straws to have cost implications, says food industry

The government's ban on single-use plastics, to be effective from July 1, will also impact the plastic straws that are packaged with small juice and milk beverage packs sold by food companies

JM Financial PE to invest Rs 35 crore in Pune-based packaged food firm

Investment will support brand building and augmentation of firm's existing capacities; this marks closing of eighth investment by JM Financial India Fund II

Covid-19 wave pushes packaged, hygiene goods consumption back in focus

Demand for products such as honey, chawanprash and ayurvedic teas has jumped by 60 per cent in April.

From instant noodles to honey, Marico develops an appetite for foods

The launch of instant noodles, honey and plant proteins is part of a larger strategy to cash in on consumer demand for packaged products

Indian packaged food market to be double in 5-10 years: Nestle India CMD

This will be led by factors that include economic growth, demographic dividend and growing e-commerce, said Nestle India Chairman and Managing Director

Stay-at-home consumers push ready-to-eat sales; segment may double in 2 yrs

As safety and hygiene gains importance in the Covid-19, ready-to-cook and ready-to-eat segments, be it instant noodles, pasta, snacks, frozen foods, or do-it-yourself meals, are flying off the shelves

Mixed spread ahead for packaged-foods SMEs: CRISIL SME Tracker

The extended lockdown to stem the spread of the Covid-19 pandemic has disrupted supply chains and hampered factory operations.