#AppointmentNews: Del Monte Foods, Inc. appoints Abhinav Kapoor as Chief Executive Officer read more: https://lnkd.in/dUPr2iuV Harjeet Kohli | #newappointmentnews #leadershipdevelopment #businessgrowth
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Del Monte Foods, which operates in the packed food segment, on Thursday announced the appointment of Abhinav Kapoor as its Chief Executive Officer with immediate effect. Del Monte Foods, Inc. | Abhinav Kapoor Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing
Del Monte Foods appoints Abhinav Kapoor as CEO - India Retailing
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VARUN BEVERAGES LIMITED : The PepsiCo Bottling Giant of India 🌟 Did you know that Varun Beverages Limited (VBL) owned by 𝗖𝗼𝗹𝗮 𝗞𝗶𝗻𝗴 𝗼𝗳 𝗜𝗻𝗱𝗶𝗮 𝗥𝗮𝘃𝗶 𝗝𝗮𝗶𝗽𝘂𝗿𝗶𝗮 is a powerhouse in the Indian FMCG sector? Here’s why: 🔹 𝗠𝗮𝗿𝗸𝗲𝘁 𝗟𝗲𝗮𝗱𝗲𝗿: VBL is the largest franchisee for PepsiCo outside the US, handling bottling and distribution across 27 Indian states and 7 union territories, covering 90% of PepsiCo’s sales volume in India. This makes VBL the fourth most valued FMCG company in India! 🔹 𝗣𝗲𝗽𝘀𝗶’𝘀 𝗥𝗲𝗹𝗶𝗮𝗻𝗰𝗲: PepsiCo benefits from VBL’s extensive network and infrastructure, making VBL a crucial partner for its Indian success. 🔹 𝗗𝗶𝘃𝗲𝗿𝘀𝗲 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼: VBL isn’t limited to PepsiCo brands. They also bottle and distribute Schweppes, Mirinda, 7Up, Sting energy drinks, Tropicana Brands Group , Gatorade sports drinks, and Aquafina water. Additionally, VBL distributes popular snack brands like LAYS, Doritos, Cheetos, and Kurkure. 🔹 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲: Cost Control Champions: VBL maintains low costs by producing their own bottle preforms, crates, and corrugated boxes, reducing dependency on external suppliers. Distribution Network: With a vast network of dealers and warehouses across India, VBL ensures efficient product distribution. Strategic Cooling: Over one million coolers in stores across India keep beverages chilled and attract customer attention, boosting sales. 🔹 𝗜𝗺𝗽𝗿𝗲𝘀𝘀𝗶𝘃𝗲 𝗦𝘁𝗼𝗰𝗸 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲: As of June 7, 2024, VBL's stock price is ₹1,518.10, reflecting a 21.22% YTD growth. Analysts are optimistic, with numerous “strong buy” and “buy” ratings. 🔹 𝗥𝗶𝗰𝗵 𝗛𝗶𝘀𝘁𝗼𝗿𝘆: Founded in 1995 and headquartered in Gurgaon, Haryana, VBL is a subsidiary of RJ Corp. By leveraging massive scale, product diversification, and operational excellence, Varun Beverages has emerged as a true giant in the Indian beverage and snack industry. PC-GrowthX® Best, Harsh Shah #VarunBeverages #FMCG #PepsiCo #BusinessGrowth #OperationalExcellence #StockMarket #India #BeverageIndustry #SnackIndustry
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𝐁𝐫𝐢𝐭𝐚𝐧𝐧𝐢𝐚 𝐨𝐟𝐟𝐞𝐫𝐬 𝐬𝐰𝐞𝐞𝐭 𝐝𝐞𝐚𝐥 𝐭𝐨 𝐤𝐢𝐬𝐡𝐥𝐚𝐲 Britannia’s move to target Kishlay foods is a strategic move to have better control of the North East Market which is largely dominated by unorganized & local bakeries. The Kishlay foods is family owned business having turnover of approx. 350 crores. Once acquired the Britannia shall be able to make its presence in one shot with existing market and dealer network without any predater marketing and adding other product lines of Britannia without much of market resistance and duplicacy of product lines. The contentious issue comes during the due diligence when the professional Agency on the side of buyer wants to puts the value to the minimum. Whereas the target company’s side of professionals want the better price for the current owners highlighting the advantages and the strength of target company. The professionals on both sides have to work hard to bridge the gaps between offered/ asking price to make the deal sail through. Sometimes in a strategic move the offer is made so sweet attractive that it becomes hard for the target company to refuse the offer. The sweet deal is given when the acquirer foresees lot of potential in the future and acquisition of the target company matches with its vision. Britannia Industries Limited KISHLAY FOODS PRIVATE LIMITED The Economic Times #StrategicAcquisition #MarketExpansion #BritanniaMoves #NorthEastMarket #BusinessGrowth #KishlayFoods #FoodIndustry #AcquisitionStrategy #BusinessTakeover #CorporateGrowth
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𝐁𝐞𝐲𝐨𝐧𝐝 𝐭𝐡𝐞 𝐁𝐨𝐭𝐭𝐥𝐞: 𝐇𝐨𝐰 𝐕𝐚𝐫𝐮𝐧 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬 𝐂𝐨𝐧𝐪𝐮𝐞𝐫𝐞𝐝 𝐭𝐡𝐞 𝐈𝐧𝐝𝐢𝐚𝐧 𝐅𝐌𝐂𝐆 𝐌𝐚𝐫𝐤𝐞𝐭 VARUN BEVERAGES LIMITED , the powerhouse behind PepsiCo's bottling operations in India, offers a compelling case study in FMCG success. Their journey to becoming the 4th most valued FMCG company in India is paved with strategic brilliance. Key elements that fueled their significant growth are:- ➡ Scaling the Beverage Landscape:- Varun Beverages has an unparalleled distribution network, spanning across 27 states and 7 UTs. With such a broad reach, the product is guaranteed to be as visible and accessible as possible, gaining a substantial portion of the Indian beverage market. ➡ Diversification beyond just Pepsi:- While Pepsi products remain their core strength, they understands the power of diversification. Their portfolio extends to Schweppes, Tropicana, Slice, and Gatorade, catering to a wider range of consumer preferences.They also have secured the exclusive rights to distribute Kurkure snacks. ➡ Operational Excellence: The Cost-Conscious Advantage:- Varun Beverages prioritizes cost optimization through in-house manufacturing of bottle preforms, crates, and boxes. Furthermore, by placing coolers strategically around stores, they maximise product visibility and encourage impulsive purchases by acting as a silent salesperson. Comment down your thoughts!! Abhinav P K #FMCG #India #BusinessStrategy #Marketing #pepsico #beverages #varunbeverages
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👑🥤 Ravi Jaipuria: The Cola King of India 🥤👑 👇 Rise of VARUN BEVERAGES LIMITED, Know how VARUN BEVERAGES LIMITED is now the fourth most valuable firm in the FMCG sector, behind Dabur India Limited and Britannia Industries Limited. 👇Varun Beverages Limited is a PepsiCo franchisee. It manufactures and sells a variety of carbonated soft drinks (CSDs) and a wide range of non-carbonated beverages (NCBs), such as packaged drinking water marketed under PepsiCo-owned brands. 👑Ravi Jaipuria's journey to becoming the Cola King of India is nothing short of inspiring! From humble beginnings in the quick-service restaurant industry to pioneering a beverage empire. 🚀 Seizing the Economic Opportunity: -Starting with Devyani International, the largest franchise for KFC, Pizza Hut, and Costa Coffee in India, Jaipuria recognized the potential of the food and beverage market. -Under the umbrella of the RJ Group, Jaipuria's parent company, Varun Beverages initially focused on Pepsi production. -However, with a keen eye for opportunity and the backdrop of economic reforms in 1991, Jaipuria pivoted into beverage production and distribution, capitalizing on the growing demand for soft drinks. 📈 Pepsi's Dependence on Varun Beverages: -Varun Beverages soon became indispensable to Pepsi's success in India, handling critical aspects like production, logistics, and distribution. -Their symbiotic relationship catapulted Varun Beverages to remarkable growth, boasting 33 plants across India and a staggering 90% share of Pepsi's sales volume in the country. 💼 Diversification Beyond Pepsi: -Varun Beverages diversified its product portfolio, including energy drinks, ice tea, soda, and juices. Their commitment to operational excellence through backward and vertical integration ensured quality standards and efficient market penetration. -Moreover, Varun Beverages' dedication to customer satisfaction, exemplified by initiatives like installing Vissi coolers across retail outlets, reinforced brand loyalty and retention rates. -Through meticulous planning, strategic partnerships, and unwavering dedication, Ravi Jaipuria transformed Varun Beverages into the undisputed Cola King of India. PC:GrowthX® All thanks to GrowthX® for providing me with insights about VARUN BEVERAGES LIMITED's expansion strategy, backward and vertical integration in business, & SKU mix. #RaviJaipuria #ColaKing #BusinessSuccess #Innovation #Entrepreneurship #Inspiration
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#pinquote Prashant Peres, Managing Director - South Asia at Kellanova highlights the significant potential the global food manufacturer sees in India's snacking sector, signaling intentions to further bolster investments in the country. Prashant Peres I Kellanova I Kellogg Company #quotesdaily #quoteoftheday #quotes #marketinsights #retailgrowth #retailmanagement #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing
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James Quincey, the global chairman and CEO of The Coca-Cola Company, is set to lead a 220-member company leadership team on a visit to India this week, according to executives familiar with the plans. This underscores New Delhi's increasing importance for the Atlanta-headquartered beverage giant as it seeks to boost sales in mature markets like the US and Europe. India, boasting the world's largest population and a youthful demographic, stands as one of the top five priority markets for volume growth for the manufacturer of Coca-Cola, Sprite aerated beverages, Minute Maid juices, and Kinley bottled water. "The executives are keen on meeting the government brass," said one of the executives cited above. "They will also be engaging with bottling partners that now operate close to half of Coca-Cola's bottling business in India - and are crucial since they will infuse capital into the business." Read full story here: https://lnkd.in/gJZQWbng #beverageindustry #beverage #cocacola #emergingmarkets John Murphy Ash Agrawal Surbhi goyal
Coca-Cola’s top brass set to make high-stakes visit to India with 200-member team
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LT Foods posted a 14% jump in consolidated net profit at Rs 150.24 crore for the fourth quarter of fiscal 2023-24 on robust sales. LT Foods | L T FOODS LIMITED | Daawat The Finest | Ashwani Arora Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing #FMCG #results
LT Foods posts 14% jump in Q4 net profit on strong sales - India Retailing
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Why does every other FMCG company like Tata, Nestle, and Kraft Heinz want to buy Chings?? Out of all the brands owned by the Chings its Schezwan sauce alone generates revenue of more than 100 crore. What's the secret recipe for the sauce?? As someone from a tier 3 city, I witnessed how this sauce took the market by storm, appearing seemingly out of nowhere and quickly becoming ubiquitous. But how did an old company gain such prominence? Let's take a closer look. Chings Schezwan sauce was started way back in 1996 by Ajay Gupta, also known as the marketing mastermind of India. But how did this old company get into the spotlight now? Let's check it 1. Diversification of Product Portfolio (Late 1990s-2000s): Capital Foods expanded its product range to include hakka noodles, soups, instant meals, and other sauces with an Indian touch, causing disruption and establishing a niche in the competitive FMCG sector. 2. Bollywood Bolta hai (2014): To further connect with the masses, Ching’s Secret enlisted Bollywood actor Ranveer Singh as 'Ranveer Ching.' Ranveer Singh and Rohit Shetty contributed to a remarkable growth of nearly 150%, with the brand becoming available in 275,000 stores. T 3. Handshake with Big Bazaar: - When Kishore Biyani purchased a stake in Capital Foods he pushed the brands in the Big Bazar stores with correct placement and billboards. With all these taking place Capital Foods experienced exponential growth, attracting investments from major players. The company is expected to close FY23 with an impressive revenue of around Rs.900 crore. Global companies like Nestle, Kraft Heinz, Hindustan Unilever, Tata, ITC, and Nissin Foods are in a race to taste this sauce first.
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