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-CB Edit Desk The USDA has forecast a five per cent increase in India’s coffee output for the next crop year 2021-22 starting October, as reported by Business Line. The USDA India Post, in its latest estimates, has pegged the coffee output at 5.41 million bags of 60 kg (3.246 lakh tonnes) against previous year’s 5.15 million bags (3.09 lakh tonnes). Factors such as the above normal pre-monsoon rains coupled with expectations of a normal monsoon are expected to improve yields, especially for Robusta in major growing regions, it said. USDA expects Robusta output to increase to 4.05 million bags…
Rajiv Mehra, President, Indian Association of Tour Operators has made an appeal to all its members and all the tourism professionals to get themselves, staff and their families to register on for Covid-19 for vaccination, as reported by Hotelier India. While requesting the members and others, he mentioned that it is very important for all of us in the tourism and hospitality industry to get ourselves and staff vaccinated at the earliest possible and once the vaccinations is done, same should be conveyed to all your counterparts/foreign tour operators to create confidence amongst them that vaccination programme in India is…
-CB Edit The Indian hotel industry has taken a hit of over Rs 1.30 lakh crore in revenue for the fiscal year 2020-21 due to the impact of the COVID-19 pandemic, the Federation of Hotel & Restaurant Associations of India (FHRAI) said on Sunday as reported by PTI. The apex industry body said it has submitted a representation to the Prime Minister and a few other union ministers urging immediate support from the government to save the hospitality sector from imminent collapse and has requested several fiscal measures for this. “The Indian hotel industry’s total revenue in FY2019-20 stood at…
-Ayshwaria Lakshmi Snacking industry has seen growth as the demand for finger snacks rise. With workloads increasing and just wanting to snack on the way without getting hands dirty, the demand for a healthy and hygienic snack has surged, said Aswins Sweet and Snacks, Managing Partner, Mr Aswin Ganeshan. “This demand is a contribution to lesser cooking and more preference towards traditional varieties of snacks. People have become cautious of what they are eating and want to eat. For instance, they want jaggery instead of processed sugar,” said Aswin. He also added that frozen and ready-to-cook foods are also on…
Singapore granted Eat Just Inc., a San Francisco based Start-up regulatory approval to sell its laboratory-grown chicken in the city-state — the world’s first government to allow the sale of cultured meat, as reported by CNN. The product was created from cultured chicken cells and has been approved as an ingredient in chicken bites, Eat Just said Tuesday following Singapore Food Agency (SFA) approval. Initially, the chicken bites will debut in a Singapore restaurant, with plans for wider expansion into dining and retail establishments in the country, Josh Tetrick, co-founder and CEO of Eat Just told CNN Business. The product…
-CB Edit Desk As far as birthday celebrations go, this one at Sarovar Hotels and Resorts, Gurugram was unusual. A sexagenarian guest lay isolated in her hotel bedroom, as support staff in PPE suits walked in with a cake and a song, as reported by Hindu. The 60-bed property is now a care centre for elderly COVID-19 patients with mild or no symptoms. The hotel houses five ambulances in the premises and has a dedicated team of 20 medical professionals. Relatives can monitor the patient’s vitals on a daily basis through Sarovar’s app. In the second wave of COVID-19 with…
-Press Release The post Covid-19 world looks promising for India’s food processing industry as it recalibrates itself to capitalize on increased opportunities in the industry and ears up to capture new markets, a KPMG report on Indian food processing industry said on Thursday, reported by IANS. According to the report, the optimism for the industry emanates from projection of exponential growth in demand for processed food in rural areas and countries Tier 2/3 cities. Moreover, a lot of untapped potential remains to enhance India’s export to the top 10 food importing countries of the world where the country at present…
-Ayshwaria Lakshmi As the pandemic deepens in the country, the hospitality sector that suffered a setback last year during the first wave is going through the same situation once again. But this time, the situation looks much more severe than last year, said S Rajagopal, Partner, Sangeetha restaurants. Sangeetha group of restaurants is owned by two brothers P.Rajagopal and P.Suresh “Every industry in India has seen the second wave impact much severe than the first wave. But as always, the hospitality industry is the one to take the biggest hit once again. As the cases rise, the staffs are unwilling…
-CB Edit Desk In a major push towards ‘Atmanirbhar Bharat’, the Centre earlier this year announced a production-linked incentive (PLI) scheme for 13 key sectors with a total outlay of Rs 1.97 lakh crore. Nine sectors have already been approved for the scheme, and the remaining are in the process of obtaining a nod from the Cabinet. While this initiative is expected to benefit all the sectors in accelerating growth and employment, the food processing sector is being looked at with high hope, being a sunrise sector and having immense potential to absorb labour. Enough evidence is available to show…
-CB Edit Desk India’s sugar exports are on a “good course” this year as traders have contracted over 50 lakh tonnes of the sweetener so far, Food Secretary Sudhanshu Pandey said on Monday. The government has fixed a mandatory export target of 60 lakh tonnes of surplus sugar for the ongoing 2020-21 season (October-September). This export policy was, however, approved only in January. During the 2019-20 season, India, the world’s second-largest sugar-producing nation after Brazil, had shipped 59 lakh tonnes of the sweetener. “Over 50 lakh tonnes of sugar has already been contracted and exports are on a good course,”…