Recent Developments in Indian Food Industry

MUMBAI: Cadbury India has extended its confectionary product line with an aggressive foray into the bubblegum category with Bubbaloo and is targeting a double digit market share in two years.
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NEW DELHI: Rising demand for biofuels would cause an increase in global prices of many farm products, a report by Organisation for Economic Cooperation and Development (OECD) and Food and Agriculture Organisation (FAO) warned on Wednesday.
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MUMBAI: The Rs 600-crore-plus Godrej Sara Lee (GSLL), the joint venture between the Godrej Group and US-based Sara Lee Corporation, has acquired Sara Lee Household & Body Care India and its subsidiary in Sri Lanka for an undisclosed sum. The company will now be a wholly-owned subsidiary of GSLL.
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PARIS: Kraft Foods, the world's largest cookie maker, has offered €5.3 billion for Groupe Danone's LU cookie business, as it looks to spur expansion in Europe.

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