Backed by growing internet penetration from 10 per cent in 2011 to 27 per cent by 2015, the food-tech market in India is anticipated to grow at robust pace during forecast period.
Swiggy, India's leading online food ordering and delivery platform, which has grown three folds in last two years, has brought many leading restaurants on its platform to deliver food.
At a time when fresh juice segment is growing 15 per cent annually in India, Raw Pressery was born. Talking to RI, Anuj Rakyan, MD, Raw Pressery talks about the fresh juice business.
Starbucks intends to scale this program over the next five years and rescue 100 percent of its food available for donation from participating company-operated US stores. That amounts to almost 50 million meals by 2021.
With a gross margin of 21.5%, Cookaroo currently processes close to 200 orders per day and has 15 operational commercial kitchens across JP, Jayanagar, HSR, Koramangala, CBD (central business district).
North Western Railway, the nodal railway nominated to select reputed ready-to-eat companies, has empanelled four firms -- Gitwako Farms, BTW India, Gits Food Products and Aryan Food Products to provide the pre-cooked meals.