Sony has started sourcing of televisions from Thailand through the FTA route and moved some locally produced models to Malaysia, three senior industry executives.
United Breweries (UB), controlled by Heineken, is launching Heineken 0.0, a zero-alcohol version of the beer brand, while AB InBev will roll out Budweiser 0.0 next week across the country.
The food industry has expressed its concerns over the draft of the proposed changes in labelling rules drawn up by the Food Safety and Standards Authority of India (FSSAI).
The auditor has compared the excessive charges on specific liquor brands, a big share of which went to the distilleries, as compared to the prices in neighbouring states of Rajasthan and Uttarakhand.
For Mondelez, India is one of the fastest growing businesses internationally. Its chief executive sees potential in newer categories and segments such as biscuits and beverages, along with increasing consumption.