Business

Ferrero India manufactures Kinder Joy, Tic Tac and Kinder Schoko-Bons Crispy, and imports Ferrero Rocher and Nutella. ©Ferrero India

Ferrero reveals mass market expansion plans in India

By Lester Wan

Ferrero India has revealed its plans to build a new product portfolio for the mass market in India, with the firm assessing opportunities for some of the 20 confectionery brands it acquired from the US unit of Nestle at the start of the year.

Indian biscuits and cake maker Anmol Industries has filed for an initial public offering. Pic: Anmol

Indian biscuit giant Anmol Industries files for IPO

By Gill Hyslop

Anmol Industries - a branded packaged food company focussing on biscuits and cakes - has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).

The Chinese group is to purchase land with a total surface of 90,000 square metres

Chinese poultry meat producer to expand in Serbia

By Jaroslaw Adamowski

Chinese poultry meat producer Qingdao Rongxing Foods Co is planning to construct a logistics centre in Indjija, in northern Serbia, as part of the company’s plans to expand its foothold in European markets, according to senior local government officials.

Fonterra's products, such as Anmum, Fernleaf and Anchor, will now be available through Lazada to 560m consumers in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.

Fonterra partners with online company Lazada

By Jim Cornall

New Zealand cooperative Fonterra, the world’s largest dairy exporter, is expanding its online presence to consumers in Southeast Asia for the first time through a new partnership with Lazada, an online shopping destination in the region.

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