Saturday, 01 October 2016

Bosch Packaging Wins the German Packaging Award

Bosch Packaging Wins the German Packaging Award

  The prototype packaging equipment Bosch Sigpack VPF (Vertical Platform for Flat Pouches), the f...

yummex Middle East: Double-digit Growth for the 10th Anniversary

yummex Middle East: Double-digit Growth for the 10...

  The international trade fair for sweets and snacks in the MENA region, yummexMiddle East, which...

UK’s Best New Fish and Chip Shops Announced

UK’s Best New Fish and Chip Shops Announced

 The UK’s top 10 new fish and chip shops have been announced by the 2017 National Fish and Chip Aw...

Syngenta Has a New President Global Seeds and North America

Syngenta Has a New President Global Seeds and North Ame...

 Syngenta has announced the appointment of Jeff Rowe to the new role of President Global Seeds and Nort...

ConAgra Foods Acquires Frontera

ConAgra Foods Acquires Frontera

 ConAgra Foods has announced that it has acquired the packaged foods businesses of Frontera Foods and R...

Three New Appointments for tna’s Asia Pacific Team

Three New Appointments for tna’s Asia Pacific Team

 Food processing and packaging supplier tna has expanded its team in Asia, with the appointments of a n...

Key Technology Launches Website in German

Key Technology Launches Website in German

  Key Technology has announced the launch of its new mobile-friendly website in German to support its ...

Key Technology Introduces VERYX Belt-Fed Digital Sorters to Europe

Key Technology Introduces VERYX Belt-Fed Digital Sorter...

 Key Technology introduces its VERYX belt-fed digital sorters to the European food processing industry ...

Case Study: Ishida Helps Spanish Snack Manufacturer to Grow

Case Study: Ishida Helps Spanish Snack Manufacturer to ...

 Aperitivos y Extrusionados (Apex), now one of Spain’s top three snack food manufacturers, uses Ishida ...

Nigeria Has a New Potato Processing Plant

Nigeria Has a New Po...

 A USD120m potato farm and processing plantis underway in ...

DQ System Launches Potato Skins Snack

DQ System Launches P...

 Dairy Queen brand has unveiled a new line of oven-hot sna...

US Processed 5% Less Potatoes in 2015

US Processed 5% Less...

US potatoes used for processing totaled 280 million cwt, d...

Lay’s Chalet Sauce Potato Chips Available in Canadian Retail

Lay’s Chalet Sauce P...

  Frito-Lay Core Global Brands, PepsiCo Foods Canada, a...

Cambodia Opens First Potato Research Centre

Cambodia Opens First...

 With potato consumption continuing to rise in the Kingdom...

Lebanon Bans Potato Imports

Lebanon Bans Potato ...

Agriculture Minister Akram Chehayeb has announced a decisi...

Purple Magic Potato Running for the Invent Awards

Purple Magic Potato ...

  Purple Magic potato variety is now in the running for t...

Land-Grant Universities Bolster the US Potato Genebank’s Impact

Land-Grant Universit...

 Land-grant universities are collaborating to support the ...

New Variety of Innate Potato Approved

New Variety of Innat...

  The J.R. Simplot Company has completed a voluntary cons...

The Use of Nicotine-based Pesticides Limited in Minnesota

The Use of Nicotine-...

  Seeking to reverse a decline in bees and other pollinat...

Food and beverage giant Pepsico is planning to increase its sourcing of raw materials from contract farming and venture into new Indian. The company's foods business unit, Frito-Lay, procures 50 per cent of potatoes, required for making chips and strips, from contract farming in eight states across the country.

"We have 12,000-15,000 acres under contract farming producing around 60,000 tonnes of potatoes and our plan is to increase the acreage and also venture into other states under the system," Pepsico India Holdings Executive Vice President (Agro) Nishchint Bhatia said.
He said the company is planning for a pan-India presence under the contact farming model.
The company's plans with regard to contract farming comes close on the heels of Pepsico's global head Indra Nooyi's announcement to invest $500 million in the country over the next three years to double the company's business in India.
Pepsico had taken a series of steps, including amalgamating its beverages and snacks businesses under one umbrella and other initiatives like re-launching of its trademark fruit drink brand 'Tropicana', after Nooyi's announcement.
However, he refused to provide investment figures for the expansion of the contract farming system or number of expected beneficiaries and acreage.
The company is on track to developing two-three more varieties of potatoes.
"We have already developed two varieties of processing potatoes and two-three more varieties are in the pipeline," he said, adding that the company is also producing 2,000-3,000 tonnes of potato for quality seed.

 

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