VTC Group will open 11 outlets across north and west India, building on its distribution network of around 100,000 stores as the Swiss chocolatier expands its retail footprint.
APSEZ operates 20 ports and terminals, including 16 in India and four international ports in Israel, Tanzania, Sri Lanka and Australia.
The company is targeting three major cost drivers: cell line development, growth media and bioprocessing, as food technology businesses seek commercially viable ways to scale alternative protein production.
The loss of 90% of the UK’s abattoirs since the 1970s is raising concerns over livestock welfare, disease surveillance and food supply resilience, prompting calls for government intervention to protect critical infrastructure for the meat industry.
Lower excise duty and overall expenses supported profitability, while sales promotion spending rose 42.6% as the brewer prepared for a potential $700 million IPO.