Millennials drive India’s shift toward sustainable food

Welcome to the latest edition of Business Bytes. Please read below to know what's covered in this edition:

• Jewar, a small town along the Yamuna Expressway in Uttar Pradesh, is witnessing rapid growth in its real estate market, fueled by the upcoming Noida International Airport
• LEAD: India is more focused on planet-friendly food than developed countries, a survey by Sodexo's Sustainable Food Barometer reveals
• Trident Group plans to invest Rs 3,000 crore in Madhya Pradesh’s textile sector, increasing its workforce to over 15,000
• India, Australia assess progress in FTA talks: The three-day stocktake visit for the India-Australia CECA concluded in New Delhi on December 6
• FACT: India’s advertising market is set to expand at a 9.4% CAGR, rising from Rs 1,01,000 crore in 2023 to Rs 1,58,000 crore in 2028, largely driven by internet advertising
• Researchers at the Indian Institute of Technology (IIT) Guwahati have developed a groundbreaking biological method to convert methane and carbon dioxide into cleaner biofuels
• In this episode, Kshitij Thakur, founder of Agrograde, shares how his agri-robotics startup tackles post-harvest losses, inefficiencies, and transparency issues by blending his farming roots with engineering expertise

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Jewar among emerging property markets, land prices up 40%

Jewar, a small town along the Yamuna Expressway in Uttar Pradesh, is witnessing rapid growth in its real estate market, fueled by the upcoming Noida International Airport. Strategic infrastructure projects, industrial expansion, and government initiatives are transforming Jewar into a prominent investment destination, with land prices appreciating significantly in recent years.

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LEAD STORY

Millennials drive India’s shift toward sustainable food

India is more focused on planet-friendly food than developed countries, a survey by Sodexo's Sustainable Food Barometer reveals. Price remains the most important factor when choosing food products, significantly outweighing environmental concerns. Taste follows closely behind price as a key consideration in food choices. The survey highlights the food services industry as a major force driving sustainable trends and inspiring change.

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Trident group’s Rs 3,000 crore investment in Madhya Pradesh

Trident Group plans to invest Rs 3,000 crore in Madhya Pradesh’s textile sector, increasing its workforce to over 15,000. The investment follows an earlier Rs 5,000 crore contribution, with the company focusing on local production, skill development, and women empowerment.

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India, Australia assess progress in FTA talks

The three-day stocktake visit for the India-Australia CECA concluded in New Delhi on December 6. Discussions focused on trade in goods and services, mobility, agricultural technology, and market access strategies aligned with India’s food security priorities.

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FACT OF THE DAY

India’s advertising market is set to expand at a 9.4% CAGR, rising from Rs 1,01,000 crore in 2023 to Rs 1,58,000 crore in 2028, largely driven by internet advertising, which is expected to grow at 15.6% CAGR over the same period.

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IIT Guwahati develops tech to converts methane, CO2 into biofuel

Researchers at the Indian Institute of Technology (IIT) Guwahati have developed a groundbreaking biological method to convert methane and carbon dioxide into cleaner biofuels. This innovative approach, leveraging bacteria, marks a significant step towards sustainable energy solutions and climate change mitigation.

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LATEST FROM FOOD FRONTIERS

In this episode of Food Frontiers, we speak with Kshitij Thakur, founder of Agrograde, an agri-robotics startup transforming post-harvest processes through innovative technology. Drawing from his farming background and expertise in engineering, Kshitij shares how Agrograde addresses critical challenges like post-harvest losses, inefficiencies, and lack of transparency in agriculture.

Kshitij discusses Agrograde’s cutting-edge solutions, including deep-learning and robotics-based grading and sorting systems, which help farmers improve the marketability of their produce while significantly reducing costs.

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