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'Tata Consumer to scale premiumization, health & wellness formats in beverages biz'

Mint. TCPL, which sells packaged beverages under brands such as Tata Tea Premium, Tata Tea Chakra, Tata Grand coffee and bottled water under Himalayan, reported a 5% dip in volume growth in the December quarter in its India beverage business on account of price corrections as well as demand slowdown in key markets. Das said while demand had softened in the December quarter, the trends in the months of December and January were relatively better.

Edited excerpts from an interview: Overall, is premiumization a key theme for your growth trajectory? From a packaged beverage point of view, premiumization, convenience, and health and wellness are the three vectors we have been working on. In the tea portfolio, we launched Gold Care, which is an everyday tea with natural ingredients and fits in the health and wellness portfolio. After covid-19 immunity has found a resurgence in terms of a benefit consumers are looking for.

In coffee, it’s a lot about offering convenience and premiumize the cost per serve. We are also growing the bottom part of the portfolio, which is Tata Tea Agni. In fact, we went through this exercise of integrating all our economy brands under one portfolio, which is Agni, so we can leverage the advertising behind it.

This year has been a soft year for tea overall but in the long term it is a growth driver. Was the softness in demand in the packaged beverages business in the December quarter, especially in tea, largely in the mass market? Yes, we did see some tightening, there’s obviously an overall atmosphere of inflation, and people are feeling it across categories. Consumers tend to downgrade or go for lower pack sizes; rural demand gets a little bit impacted.

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Taco Bell pulling beloved item from menu, bringing back two fan favorites - - Britain - city London, Britain
Taco Bell pulling beloved item from menu, bringing back two fan favorites
Fast food chain Taco Bell is set to remove a popular item from its menu to free up space to bring back two other items beloved by customers.Starting on April 19, Taco Bell customers will no longer be able to purchase the Quesarito, which has been a menu staple since it debuted in 2014, The Takeout reported.The Quesarito, which has only been available through the Taco Bell app or online over the last few months, features a burrito wrapped in a cheese quesadilla and was surrounded by a considerable amount of buzz when it was introduced.The Takeout reported that the item is being removed from menus in order to bring back two popular menu items, the Bacon Club Chalupa and the Double Steak Grilled Cheese Burrito.Sign for the fast food brand Taco Bell on 18th May 2022 in London, United Kingdom. (photo by Mike Kemp/In Pictures via Getty Images) The Bacon Club Chalupa contains ingredients similar to a club sandwich and has been on and off the menu since 1999.The Double Steak Grilled Cheese Burrito was offered during the holiday season last year and contains a double serving of steak, rice, cheese, nacho cheese sauce, sour cream, tortilla strips, and is grilled with a layer of cheese on the exterior.TACO BELL OPENS FIRST RESTAURANT WITH HIGH-TECH DRIVE-THRU EXPERIENCETaco Bell is continuing to innovate with tastes and flavors less familiar to other regions, while infusing familiarity and authenticity in every item.
Dinesh Gunawardena - Modified multiday fishing vessel launched to reduce postharvest loss - - Sri Lanka
Modified multiday fishing vessel launched to reduce postharvest loss
COLOMBO (News 1st) – The Food and Agriculture Organization of the United Nations (FAO) and the Ministry of Fisheries launched a modified multiday fishing vessel in Colombo to improve the quality of fish and reduce postharvest loss in the Fisheries sector.The FAO in a statment said that fish products are an important source of animal protein for Sri Lanka and the sector contributes about 1.1 percent to Sri Lanka’s GDP.  However, studies by the National Aquatic Resources Research and Development Agency (NARA) indicate that the fish quality loss in some harbours is at 60 – 70 percent.Some of the issues contributing to these losses include the lack of an adequate cooling system in multi-day fishing vessels that use weeks-old ice to maintain low temperatures and the captured harvest not being handled or stored properly by fishers, which reduces the quality of the overall harvest and damage the bottom layer of stored fish. To address this issue FAO, together with the Ministry of Fisheries and NARA, modified the design of a multi-day fishing vessel as a pilot project to introduce new boat designs that provide an economically viable solution to minimize the quality loss of fish harvests. By reducing the existing post-harvest losses, the investment for the proposed new design can be recovered within 3.5 years.The modified multi-day vessel features a pilot coolant system in fish holds and storage as well as a modified fish holding facility to minimize the physical damage to fish due to overload.
Police in Colombia seize shipment of cocaine disguised as potatoes - - Spain - Britain - Australia - Peru - Colombia - Bolivia
Police in Colombia seize shipment of cocaine disguised as potatoes
A screengrab from a video shared by Colombia’s Ministry of National Defense shows the cocaine shipment disguised as potatoes and other foods. (Credit: Colombia’s Ministry of National Defense / Twitter) Authorities in Colombia recently seized a shipment containing 1,000 kilograms (over 1 ton) of cocaine that was disguised as potatoes and frozen chips, according to police and news reports.A video of the seized shipment was shared on Wednesday by Colombia’s Ministry of National Defense, which showed officers extracting cocaine from the fake food. "The intelligence of the @PoliciaColombia dealt a resounding blow to drug trafficking by seizing a shipment of refrigerated and vacuum-sealed cocaine simulating yuccas and Creole potatoes," the defense ministry wrote, according to an English translation. It added that the shipment was destined for Spain. Anti-Narcotics Police Major General Ricardo Augusto Alarcón Campos, who appears in the video, said police received a tip from an anonymous caller about the shipment, according to 9News, a national news network in Australia."This may be the most innovative case discovered by drug traffickers in recent years, they had designed the drug in irregular molds simulating croquettes of cassava and papa criolla," Campos said, according to the outlet. A screengrab from a video shared by Colombia’s Ministry of National Defense shows the cocaine shipment disguised as potatoes and other foods.