Maggi and Munch-maker Nestle India will focus on its milk, coffee, chocolates and other core categories as the company anticipates further opportunities in these segments. In fact, the Indian arm of Swiss FMCG major Nestle will explore growth and expansion in categories such as food and nutrition, beverages, confectionery etc.
Under the partnership, Wow! Momo kiosks will be placed in Café Coffee Day outlets in the country to create a wider reach and network. The two homegrown brands also plan to offer a wider palate of innovative food offerings. Wow! Momo is set to serve its products in all three traditional formats – dine-in, takeaway, and delivery – in select Café Coffee Day outlets in the country.
Kochi: Indian coffee exporters may have lost their market share in Europe to Brazil, which has been able to push more quantities taking advantage of a larger crop and lower prices in the last few months.
The farmer owns a 30-acre coffee estate in the village. A herd consisting of more than 20 elephants has been moving around the place for the past few days. Neither planters nor workers can freely walk into their estates, as they could encounter elephants any time. “If they enter our estate, they will eat the jackfruits, besides damaging the coffee plants. I thought of giving it to them so that they would not enter the estate once they get their food,” said Mr. Gowda.
Lavazza, the Italian brand that is among the world’s leading coffee roasters, has announced the launch of its #MasterYourBrew campaign which aims at educating employees from leading corporates across India on the nuances of brewing one’s own cup of barista-style coffee at home.
Although there is no shortage of essential goods and medicines in the national capital, a Delhi government report suggests that supplies dependent on imports, including coffee, diapers and dry fruits, may face a supply crunch if the lockdown gets extended beyond May 3.
“India has been producing an average of 2.24 lakh tonnes of Robusta coffee every year, of which nearly 1.10 lakh tonnes are consumed domestically. Italy is the largest Robusta coffee buyer from the country and they import around 65,000 tonnes of Indian Robusta variety every year,” Prasanth Rajesh, president, Wayanad Coffee Growers’ Association, said. According to reports, the pandemic has put Italy in a crisis.
Coffee farmers in Kerala are worried about the coronavirus outbreak as their major trade spots were European countries including Italy and Germany. Following the virus outbreak and the related restrictions, exports from India were banned in Europe.
India’s coffee exports are set to take a hit in the April-June quarter as orders from the largest buyer Italy, which is battling a severe outbreak of novel coronavirus, have come down considerably over the past few days.
An investigation into Coffee Day Enterprises Ltd., initiated by its board after the death of founder V.G. Siddhartha, is likely to conclude that at least 20 billion rupees ($270 million) is missing from its accounts, according to people familiar with the matter.