With Australia's population projected to reach 38.8 million in 2060-61, agricultural productivity will need to increase to help sustain our g.
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Austrade
Australian food group, Simplot Australia, has launched its pasta and pizza sauces in India, despite the pandemic.
Stuart Rees, Senior Trade and Investment Commissioner, South Asia formally launched Leggo’s pasta and pizza sauces in Mumbai on 11 March, along with importer RR Universal.
Leggo’s joins a growing band of Australian food producers that are marketing brands in India, including via e-commerce platforms. San Remo launched its pasta in India in late 2019.
Indian households develop a taste for Australian icons
The number of Australian food and beverages brands in India has grown steadily during the pandemic as consumers switch to pre-prepared foods.
Switzer Daily
Food Revolution Group
(ASX: FOD) could be the turnaround ASX story of the last 12 months.
Turnarounds usually
occur when a new management team takes over an underperforming business and
“turns it around” to become hugely successful for themselves and, within the
investment community, shareholders.
FOD was an established
business, with a valuable asset that previous management failed to maximise.
As such, its share price
languished.
Problematically, while
you would recognise FOD’s key brand if you passed it in the supermarket, you’d
be hard pressed to find anyone who could tell you that FOD is behind the brand.