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Opportunity India Desk May 20 2022 - 3 min readLeading packaged foods company Wingreens Farms has announced its acquisition of a 100 per cent stake in Bengaluru-based snack foods start-up, Postcard. Postcard was found in 2019 by Ashish Nichani and Sudarsan Metla. The brand brings speciality food from different parts of the country, retaining authentic local flavours, while empowering local artisans and the supply ...
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Opportunity India Desk May 20 2022 - 3 min readWith an aim to offer strategic opportunities to the players in its category, the Plant-Based Foods Industry Association (PBFIA) will organise 1stPlant-Based Foods Summit in association with Good Food Institute India (GFI India) on May 26 in national capital. The summit will witness the presence of Prahlad Singh Patel, Minister of State for Food Processing Industries along ...
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Opportunity India Desk May 20 2022 - 3 min readLeading women’s fashion brand ‘W’ has opened its largest experiential store in Indira Nagar, Bengaluru. Spread across two floors, the digitally enhanced store offers a bouquet of experiences and reaffirms the brand’s promise of offering complete Head-to-toe fashion solution to the contemporary Indian women. It houses the complete range of ‘W’ products across multiple categories ...
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Opportunity India Desk May 20 2022 - 2 min readThe Reserve Bank of India (RBI) has asked banks to provide their customers with interoperable card-less cash (ICCW) withdrawal at all banks and ATMs using the Unified Payments Interface (UPI) facility. “All banks, ATM networks and White Label ATM Operators (WLAOs) may provide the option of ICCW at their ATMs. NPCI has been advised to ...
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Opportunity India Desk May 20 2022 - 5 min readAccording to an extensive survey of more than 5,000 MSMEs, conducted by PHD Research Bureau of PHD Chamber of Commerce and Industry for Ease of Doing Business (EODB) for MSMEs, the overall EODB for MSMEs has been observe at 64 on the scale of 100, of which EODB for manufacturing MSMEs is at 67 and ...
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Opportunity India Desk May 20 2022 - 4 min readSevere economic crisis in Sri Lanka, a major player in the global tea market, has not been able to export tea from some time. This has created an opportunity for Indian tea industry to tap the untouched international market. The tea traders of North Bengal believe that the present condition in Sri Lanka can create ...