Wansa’s Post

Big news in the FMCG space! Hindustan Unilever (HUL) is reportedly selling its water purifier business to AO Smith India for a whopping ₹601 crore. Here's the scoop: 1. Market Consolidation: This move signifies consolidation in the water purifier market, with established players like AO Smith expanding their reach. 2. Strategic Shift for HUL? While details are scarce, it raises questions about HUL's long-term strategy. Is this a shift in focus towards their core business areas? 3. Consumer Impact? It will be interesting to see how this acquisition impacts product lines, pricing, and after-sales service for existing HUL water purifier customers. Read more to dive into the details of this strategic business move and its potential impacts on the market landscape. 🔗 Article link- https://shorturl.at/rdF0U

FMCGs Set to Soar in Rural India's Heartlands. Visualize how the FMCG industry is poised for double-digit growth in 2024, driven by rising rural penetration and increased consumption of ready-to-eat products. #fmcgindustry #ruralmarketing

Last Friday, we had an insightful and engaging day at the 'Industry Consultation on Responsible Sourcing of Palm Oil', co-hosted by IDH and Roundtable on Sustainable Palm Oil (RSPO) in Mumbai, India. The event brought together industry leaders, policymakers, and stakeholders to discuss the future of sustainable palm oil sourcing in India, diving into the latest sustainability criteria study, and highlighting critical pathways towards achieving sustainable sourcing goals. The discussions focused on the adoption of responsible sourcing practices, dynamic duty price systems, and innovative solutions. A major emphasis was placed on strong policy frameworks and a level playing field. The industry expressed its commitment to sustainable sourcing, provided it remains economically viable. Collaboration among all stakeholders, with the recognition of interdependence, emerged as a key takeaway and the following call to action were agreed upon: - Commit to sustainable sourcing policies - Regularly disclose progress towards sustainability goals - Actively source palm oil from sustainable and certified suppliers Thank you to all participants for their valuable contributions. Let’s build on this momentum to drive the change needed for a sustainable future for palm oil! #SustainableSourcing #PalmOil AAK, Patanjali Foods - Ruchi Soya,Emami Agrotech Limited, Unilever, Adani Wilmar Limited, Godrej Agrovet Limited, Godrej Industries Limited (Chemicals), Godrej Consumer Products Limited, IVPA - Indian Vegetable Oil Producers' Association, Monginis Foods Pvt. Ltd., PepsiCo, General Mills, Ministry of Agriculture & Farmers Welfare, Government of India

🚰 @Hindustan Unilever Limited (HUL), a prominent player in the consumer goods industry, has made a strategic decision to streamline its operations. In a recent development, HUL announced the sale of its Pureit water purification business in India. The buyer? None other than A. O. Smith, a global leader in water technology. The transaction, valued at Rs 601 crore (approximately US$72 million), reflects HUL’s commitment to focusing on its core categories. 🌐 🔍 Pureit, a brand that has been providing essential water purification solutions to millions of loyal consumers, will now find a new home under A. O. Smith’s ownership. The move is expected to enhance A. O. Smith’s geographic and channel presence, thanks to Pureit’s strong brand recognition and innovative water purification products. As the deal progresses through customary closing conditions, HUL will continue to manage the business until the transition is complete. 💧 #HindustanUnilever #AOSmith #Business #WaterPurification #Strategic #Acquisition #technology #Management #India #BelieveIndia To read more in detail, click below:👇 https://lnkd.in/gUfe8ZuR

🥛 India's Dairy Export Surge: A Leap Towards Global Leadership 🌍 India's dairy sector is making significant strides on the international stage! 🚀 As one of the largest milk producers globally, we proudly exported 67,572.99 MT of dairy products worth $284.65 million in 2022-23. 🔹 Diverse Product Range: From traditional ghee and paneer to innovative flavored yogurts, our offerings are as diverse as our culture. Notably, our exports of Butter, Ghee, and Dairy Spreads alone stood at 8,106.54 MT, valued at $43.65 million. 🔹 Major Markets: We're connecting with markets worldwide, with major destinations for our dairy exports including Saudi Arabia, Bahrain, UAE, USA, and Qatar. This global footprint underscores our commitment to quality and consumer satisfaction. 🔹 Sustainability Focus: We're committed to sustainable practices that ensure the welfare of our dairy animals and minimize environmental impact. By integrating advanced technology and ethical farming practices, we aim to be at the forefront of eco-friendly dairy production. 🔹 Opportunities Ahead: As global dietary trends continue to evolve, the potential for Indian dairy products remains vast. We invite businesses and partners worldwide to explore the richness and quality of Indian dairy. Let's celebrate the success of Indian dairy exports and continue to support this vibrant industry's growth and innovation. ************ We, the Exim Group are in the business of #customs and Foreign Trade Policy Consulting, Training and Placement, #freightforwarding and #customsclearance. Reach out to 9943418881/9840023039 for queries 🎉 #DairyExports #MadeInIndia #SustainableAgriculture #GlobalDairy video source:worldwideweb

𝗕𝗿𝗶𝗱𝗴𝗶𝗻𝗴 𝗕𝗼𝗿𝗱𝗲𝗿𝘀: 𝗜𝗻𝗱𝗶𝗮 𝗮𝗻𝗱 𝗨𝗔𝗘'𝘀 $𝟮 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗙𝗼𝗼𝗱 𝗖𝗼𝗿𝗿𝗶𝗱𝗼𝗿 𝗥𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻! India and the United Arab Emirates (UAE) are set to establish a food corridor with an initial investment of $2 billion aimed at enhancing food processing and logistics. This initiative is expected to significantly benefit Indian farmers by increasing their income and creating job opportunities, while also catering to the UAE market and beyond. #Investment Overview - Initial Commitment: Approximately $2 billion will be allocated for food processing facilities and logistics, particularly in food parks across India. - Timeline: The investment is anticipated to occur over the next 2.5 years, as stated by Union Minister Piyush Goyal during a press conference following the 12th meeting of the India-UAE High-Level Task Force on Investments. #Collaborative Framework - The project builds upon the Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE, which aims to facilitate trade and investment ties between the two nations. - A working group has been established, comprising representatives from both countries' central and state governments, to expedite the implementation of this corridor. #Potential Impact - The food corridor is expected to inspire similar initiatives globally, showcasing how countries can collaborate to tackle food supply challenges. - It aims not only to improve food security for the UAE but also to enhance the livelihoods of Indian farmers by providing them access to international markets. #Challenges Ahead - Despite the promising outlook, progress has been slow, with UAE's promised investments yet to materialize fully. The UAE's food processing sector relies heavily on imported raw materials due to limited domestic agricultural production. - Competitors like Russia, Canada, India, and Argentina are significant players in sourcing bulk agricultural products, which could pose challenges for this initiative. #Quote from Leadership Piyush Goyal emphasized the long-standing discussions regarding UAE investments in India's food processing sector, stating: > "It has been under discussion for a very long time that the UAE would like to invest in setting up food processing facilities in India... using Indian farmers' products to be sold in the UAE". For more updates on innovative food solutions and collaborations like this one, follow NextGen Food Innovators ! #ProductionSupervisor #BreadManufacturing #FoodManufacturing #ProductionManagement #QualityControl #TeamLeadership #ManufacturingJobs #ProductionPlanning #ProcessImprovement #ContinuousImprovement #SafetyCompliance #TechnicalExpertise #LeadershipSkills #ManufacturingCareers #EngineeringJobs #FoodScience #OperationsManagement #ResourcePlanning #IndustrialTechnology