ITT Completes $4.77 Billion Acquisition of SPX FLOW to Strengthen Flow Technologies Segment
Industrial manufacturer ITT Inc. has completed its $4.775 billion acquisition of SPX FLOW, Inc. from private equity firm Lone Star Funds, marking a significant step in the company’s portfolio transformation strategy. The transaction integrates SPX FLOW’s $1.3 billion revenue process technologies platform with ITT’s existing industrial operations. Following the deal, the combined businesses will operate […]
Fazer and Reliance Consumer Products Explore Strategic Partnership in India’s Premium Chocolate Market
Finland-based food company Fazer Group has signed a Memorandum of Understanding (MoU) with Reliance Consumer Products Limited (RCPL) to explore a strategic collaboration aimed at expanding into India’s rapidly growing premium chocolate market. The proposed partnership will evaluate opportunities to introduce selected Fazer chocolate products manufactured in Finland to Indian consumers. The agreement also includes […]
Dairy Adulteration Racket Busted in Hyderabad; Fake Ghee Worth ₹18.26 Lakh Seized
Authorities in Hyderabad have uncovered a dairy adulteration racket after seizing fake ghee worth ₹18.26 lakh during a raid in Banjara Hills. The operation highlights persistent food safety risks in India’s dairy supply chain and the growing challenge of counterfeit dairy products. Raid Uncovers Adulteration Unit A joint team from the Commissioner’s Task Force and […]
Maharashtra Milk Production Rises 64% in a Decade, Yet Per Capita Availability Trails National Average
Maharashtra’s dairy sector has recorded significant expansion over the past decade, with milk production rising by nearly 64%, according to the Economic Survey 2025–26. The state’s output increased from 101.52 lakh metric tonnes (MT) in 2015–16 to 166.26 lakh MT in 2024–25, reflecting the growing role of dairying in rural livelihoods and agricultural diversification. The […]
Experts Call for Shift from Subsidy-Driven Support to Sustainable Agricultural Reform in India
India’s agricultural policy framework must evolve beyond heavy reliance on subsidies and move towards a more sustainable, competitive, and resilient model, experts emphasised during a recent policy discussion. At Business Standard Manthan, a prominent public policy forum, leading economists and policy thinkers examined the structural reforms required to future-proof Indian agriculture. The discussion featured noted […]
Middle East Tensions and High Milk Supply Shape Global Dairy Market Outlook
Global dairy markets are entering 2026 under significant supply pressure, even as early signs of price stabilisation emerge. A recent analysis by Rabobank indicates that rising milk production across major exporting regions continues to weigh on international dairy prices. According to the bank’s analysts, milk output is increasing in most key dairy-exporting countries, with the […]
Cargill opens INR 300 crore dairy feed plant in Punjab, strengthens India commitment
Cargill Animal Nutrition & Health has inaugurated a state-of-the-art dairy feed plant at Wazirabad, Punjab, with an investment of INR 300 crore, reaffirming its long-term commitment to India’s rapidly growing livestock sector. Spread across 15 acres with an annual production capacity of 400,000 metric tons, the facility is Cargill’s largest dairy feed plant in South […]
India’s Milk Market Set for Structural Expansion as Demand and Value-Added Dairy Grow
India continues to dominate the global dairy landscape, reinforcing its position as the world’s largest milk producer and consumer. According to recent market analysis, India’s milk production and consumption reached approximately 239 million tonnes in 2024, highlighting the immense scale and strategic importance of the sector. Beyond its nutritional role, the dairy industry remains a […]
De Heus successfully completes acquisition of CJ Feed & Care, marking a significant expansion in Asia
Ede, the Netherlands, March 3 – De Heus Animal Nutrition is pleased to announce the successful completion of the acquisition of CJ Feed & Care from CJ Cheil Jedang This strategic step marks a significant milestone in De Heus’ long-term growth strategy and underscores the company’s ongoing commitment to supporting farmers across Asia. The acquisition […]
Global Dairy Markets Enter 2026 with Supply Dominance, Says RaboResearch
Global dairy markets have entered 2026 with supply conditions still firmly in control, according to the latest Global Dairy Quarterly from Rabobank. The report notes that milk production across the major exporting regions remains elevated. However, growth momentum is expected to slow sharply over the course of the year. Output from the so-called “Big 7” […]
