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Retail India News: Tata Consumer Products Introduces Tata Simply Better Cold Pressed Oils

ata Consumer Products (TCP), a leading name in the retail industry, uniting the diverse food and beverage interests of the Tata Group, has officially stepped into the flourishing premium segment of Cold Pressed Oils. Under its renowned brand ‘Tata Simply Better,’ the company is unveiling an array of 100 percent pure and unrefined cold-pressed oils. The surge in popularity of cold-pressed oils is attributed to their myriad health advantages and distinct flavor profiles. Tata Simply Better Cold Pressed Oils are meticulously extracted using cutting-edge Cold Pressed technology, a process that harks back to traditional oil extraction methods. This ensures the retention of vital nutrients, an aromatic richness, and an authentic flavor profile. The resultant edible oils are ideal for everyday culinary endeavors. Deepika Bhan, President of Packaged Foods- India at Tata Consumer Products, expressed, “We are excited to introduce Tata Simply Better Cold Pressed Oils, a stride towards revolutionizing how consumers approach their cooking routines. Venturing into this category, we aim to redefine norms and positively influence consumers’ choices for their well-being. Recognizing the escalating demand for nourishing alternatives, we aspire to offer an exceptional range of edible oils that not only contribute to overall health but also elevate the taste of daily meals. Tata Simply Better Cold Pressed Oils epitomize our commitment to quality and purity, making them an indispensable addition to every household. This strategic launch not only bolsters Tata Consumer Products’ stature as a prominent F&B enterprise but also enriches our portfolio by presenting consumers with reliable, nourishing options they can embrace.” Tata Simply Better Cold Pressed Oils derive from A1 Grade Ingredients, meticulously selected to guarantee premium quality and consistency. Tata Simply Better had previously ventured into the realm of plant-based offerings with the introduction of its plant-based protein products. This initiative underscores Tata Consumer Products’ dedication to providing top-tier products aligned with evolving consumer preferences. The launch of Tata Simply Better Cold Pressed Oils signifies yet another milestone for the company, reinforcing its commitment to delivering “For Better” products that cater to the dynamic requirements of consumers. The Tata Simply Better Cold Pressed Oils, crafted from 100 percent pure and unrefined components, are conveniently accessible for purchase through major online marketplaces and the official Tata Simply Better website. These oils are priced competitively, with a range spanning from Rs 325 to Rs 699, ensuring accessibility for a wide range of consumers. Aug 8, 2023 Source : IndianRetailer.com

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Botched weedicide: Farmer wins 55k in damages for crop loss

hyderabad: A farmer has been awarded 55,000 as compensation by a consumer forum after he filed a complaint against a weedicide company, alleging that their product failed to work resulting in significant crop losses. The District Consumer Disputes Redressal Commission of Nalgonda gave the direction after examining the complaint of Jambarapu Ashok, a farmer from Maddirala in Suryapet district, against Annadatha Fertilisers & Pesticides of Maddirala, Rekha Corporation of Hyderabad, and Syngenta India. In his complaint, Ashok said he had purchased %E2%80%98Fusiflex%E2%80%99 for 850 to eliminate weeds from his one acre groundnut crop in October 2022. He alleged the weedicide did not work as expected, compelling him to hire labourers at an additional cost of 9,500 to remove the weeds manually. Consequently, the yield of groundnut decreased significantly, resulting in crop loss. The farmer claimed to have sold only 28,975 worth of groundnuts, indicating the scale of his losses. In response to the complaint, Annadatha Fertilisers & Pesticides argued that they merely sell products manufactured by Syngenta and hold no liability for their effectiveness. The wholesale dealer, Rekha Corporation, contended that the farmer was not their direct consumer. After examining the evidence, the consumer forum ruled in favour of the farmer and ordered all three parties to pay the compensation. The commission said that the 850 paid for the weedicide and the 9,500 paid to the agricultural labourers should be returned by the three parties. Additionally, the firms must pay 30,000 towards crop loss, 10,000 for mental agony, and 6,000 for expenses. Aug 4, 2023 Source : Times Of India

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Namakkal consumer court fines man for filing case for publicity

namakkal: The district consumer disputes redressal commission (NCDRC) on Tuesday imposed a fine of 10,000 on a man for filing a case for publicity and wasting its time. Commission president V Ramaraj directed the man to pay the fine within four months and dismissed the case. The district consumer disputes redressal commission officials said G Kesava Rao, 58, of Gurunathar Street in Tirupur district filed a case in the Coimbatore district consumer disputes redressal commission in 2018. The case was transferred to the Namakkal in July 2022 for speedy disposal. In his complaint, Kesava Rao stated that he met Tirugnananandha Swami, 57, who is the founder of an ashram named Gnanalaya Valluvar Kottam in Coimbatore, in 2006. He claimed that he had given 3.35 lakh to the ashram founder, ashram Tirupur branch head Kandasamy, 69, and secretary Ravichandran, 65, to buy land for the ashram in Vadalur in Cuddalore district. He also claimed he had given 1.02 lakh to the trio to teach him ‘kaya siddhi’ – a yogic practice. He alleged that the trio had not purchased land in Vadalur. Similarly, they didn’t teach him the yogic practice as promised. He added that they started threatening him when he approached them to get the money back. In their reply, the ashram authorities stated that Rao had not given them and the ashram any money. Rao did not produce any receipts or documents to the commission during the trial. After hearing both sides, the commission president dismissed the case and imposed a fine of 10,000 on Rao. Aug 9, 2023 Source : Times Of India

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Godrej Consumer Q1 PAT drops 7.5% to Rs 319 crore; Board approves Rs 900 cr capex

mumbai: Godrej Consumer Products (GCPL) posted a 7.5% decline in its consolidated profit after tax at Rs 319 crore for the first quarter ended June 30, 2023, as compared to Rs 345 crore in the corresponding quarter last year.Sales rose 10% to Rs 3,418 crore from Rs 3,094 crore, led by a volume growth of 10%.India business sales grew by 9% year-on-year led by volume growth of 12%.Sudhir Sitapati, Managing Director and CEO, GCPL, said:We started the year on a positive note and achieved healthy volume-led sales growth. In organic terms, our consolidated sales increased by 9% year-on-year driven by healthy volume growth of 8%. Sales in constant currency terms increased by 13%. In India, we continued to stay course on our strategy of volume-driven category development and delivered double-digit volume growth of 10%. This performance was broad based with Home Care delivering double-digit volume growth and Personal Care in mid-single digits. Our value growth was lower than volume growth as we passed on the benefits of lower input costs to our consumers. Sitapati said the company remains focused on driving volume-led growth along with healthy investments in its brands and improvement in profitability.In a notice to the stock exchanges, GCPL said the company’s Board of Directors have approved a capital expenditure of Rs 900 crore for setting up a new manufacturing site at Tamil Nadu and Madya Pradesh. Aug 7, 2023 Source : Times Of India

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Product safety laws face modernisation to better protect online shoppers

Product safety laws are to be modernised to better protect customers when shopping online and buying products such as smart devices, the Government has announced. The Department for Business and Trade said the plans would cut business costs and reduce unnecessary red tape with the introduction of measures like electronic labelling, enabling them to invest more in their own firms. It said much of the current regime was underpinned by “outdated” EU laws, with some dating back to 1987. A consultation will seek views on how the UK can better regulate innovations such as connected devices including smart watches and speakers, and artificial intelligence, while ensuring British businesses are not “stifled” by red tape. Business Secretary Kemi Badenoch said: “I am determined to use our post-Brexit freedoms to identify outdated EU laws placing unnecessary burdens on business and reform them to benefit both companies and consumers. “These changes will provide better consumer protections while upholding our world-leading safety standards and will also cut costs for business to ensure they have the freedom they need to innovate and thrive, helping to create jobs and grow the economy.” The Government is also consulting on a new approach to the fire safety of domestic upholstered furniture and addressing modern domestic hazards. The announcement comes a day after the Government announced that Britain is to retain the EU’s product safety CE mark indefinitely, rather than make its own post-Brexit alternative compulsory, in a move welcomed by manufacturers. Lesley Rudd, chief executive of safety charity Electrical Safety First, said: “For too long online marketplaces have been allowed to avoid responsibility for the sale of lethal goods on their platforms. The Product Safety Review must put an end to this scandal. “For years we have highlighted how dangerous goods on online marketplaces are a relentless everyday problem for UK shoppers. Our mounting evidence – which is supported by the Government’s own investigations – is undeniable: online giants contribute greatly to dangerous goods entering UK homes. This must be stamped out. “It’s imperative the review makes good on its promise to make online shopping as safe as shopping on the high street. This is a critical moment. “The Government must act now to protect the safety of online shoppers and introduce legislation to ensure online marketplaces are not unfairly exempt from safety laws that our reputable high street retailers are rightly bound by. The forthcoming King’s Speech is the perfect opportunity to make this happen.” Sue Davies, head of consumer protection policy at Which?, said: “Which? investigations have consistently uncovered dangerous products being sold on popular online marketplaces, yet the Government and the Office for Product Safety and Standards have only produced dither and delay when what is needed is urgent action to bring online shopping safety protections up to date. “It’s completely unacceptable for the Government to keep kicking the can down the road when dangerous items are ending up in people’s homes every day. “While promoting UK business is important, to fix the UK’s product safety system the Government must quickly establish new regulations that put consumer safety first and enable tough enforcement action against online marketplaces and other businesses that break the rules.” 2 August 2023 Source : Yahoo!news

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New Import Regulations introduced in Gambia for Drugs – Pre Shipment Inspections – Product Testing related

The Medicines Control Agency (MCA), The Gambia has introduced the regulation of pre- shipment document verification, physical inspection, quality control testing and issuance of Clean Report of Inspection and Analysis (CRIA) for Pharmaceuticals to address issues related to substandard and falsified (counterfeit) medicines entering the country. This regulation requires all imported pharmaceutical products from India to be inspected and tested for conformity of quality standards prior to shipment from India. This is a mandatory process to be followed for all consignments imported into The Gambia from India. The MCA has appointed Quntrol Laboratories Private Limited, an independent verification, inspection and testing company, to carry out mandatory document verification, physical inspection, quality control testing and issuance of CRIA for all shipments. An importer shall in addition require a (CRIA) issued by Quntrol to clear their goods at the ports in The Gambia. Without this mandatory CRIA document, goods will not be accepted in the importation process. Quntrol shall conduct document verification, physical inspection of the consignment and sampling, for laboratory testing for each shipment. If conformity is established at all levels, Quntrol shall issue the mandatory CRIA document. If conformity is not established with regards to quality of the product, the shipment will be quarantined or seized by the MCA andthe necessary regulatory actions shall be taken. The regulation will be implemented from 1% July 2023. All shipments arriving in The Gambia with bill of lading dated on or after 1% July 2023 will be required to provide the CRIA for customs clearance at the ports of entry in The Gambia. Thursday 15th June 2023 Source: Medicines Control Agency

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Spices from India recalled; FDA issues import detention notice

The FDA has analyzed samples of three products, Everest Garam Masala, Everest Sambhar Masala, and Maggi Masala ae Magic, and the results showed the products were contaminated with Salmonella.  The products were manufactured in India and are not labeled for distribution in the United States. All three products were imported to the United States and the products were distributed to retail stores in Georgia, North Carolina, Ohio, Maryland, Tennessee, Texas, Mississippi, Florida, Virginia, New Jersey, and New York starting on March 16, 2023.  Amin Trading LLC initiated a recall on June 1, 2023, after test results showed the products were contaminated with Salmonella. All remaining product on hand with the recalling firm was destroyed under FDA supervision. Additional details regarding the recall can be found in the FDA’s Enforcement Report. There is concern that consumers may have the products on hand in their homes because of the long shelf life of spices. Consumers should not use the products and should throw them away, according to the warding from the Food and Drug Administration. No illnesses have been confirmed to date in relation to the products. The products can be identified by the following information Amin Trading Agency LLC purchased these spices, not labeled for distribution in the United States, at retail stores in India, and imported and subsequently distributed in the United States. The FDA has contacted the manufacturer of Maggi Masala ae Magic and they are investigating the situation. The foreign manufacturer of the two products, Everest Garam Masala and Everest Sambhar Masala, has been contacted and has issued a recall notice. The FDA has subjected the products to “Detention Without Physical Examination Of Food Products Due To The Presence Of Salmonella” under Import Alert #99-19. Friday, June 30, 2023 Source: FSN News

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US telemedicine platform ‘Drs.OnCalls’ enters India to offer consultation with doctors globally 24×7

Drs.OnCalls, a leading telemedicine platform based in the United States, has announced its strategic expansion into the Indian market. Having successfully established its presence in multiple countries, Drs.OnCalls brings a wealth of expertise and experience to India’s growing telemedicine sector. The company is committed to providing convenient, accessible, and high-quality healthcare services to individuals across the country. Drs.OnCalls distinguishes itself as the first telemedicine app in India to offer global real-time consultation services 24×7. Patients now have the facility to receive medical guidance from renowned experts worldwide, transcending geographical constraints and extending the availability of high-quality healthcare. This ground-breaking feature unlocks a multitude of possibilities, empowering patients with access to advanced medical expertise regardless of their geographic location. Founded by Mary Gorder in partnership with “Vichara Technologies’, a top wall street IT solutions expert, Drs.OnCalls platform leverages cutting-edge technology developed in collaboration with top healthcare specialists. Mary Gorder, founder & CEO, Drs.OnCalls, said, Our telemedicine solutions in India, aim to connect patients with top healthcare experts worldwide, round the clock. Our dedication to quality, accessibility, and innovation will transform healthcare delivery, empowering patients to make informed decisions about their well-being. We are committed to forging strong partnerships and collaborating with local stakeholders to create a lasting impact on the healthcare landscape in India”. The company provides seamless healthcare support anytime through its friendly app allowing users to connect with healthcare professionals around the clock. This ensures that individuals have continuous access to medical assistance, regardless of the time or location. To set up its footprints in India, Drs.OnCalls will execute targeted marketing campaigns to enhance awareness of its telemedicine services. They will actively pursue collaborations with local healthcare providers, hospitals, clinics, government agencies, and diagnostic centres to expand their network and offer comprehensive healthcare solutions, ensuring seamless integration and maximizing its impact on the Indian healthcare system. Friday, July 7, 2023 Source: pharmabiz.com

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South India’s premier pharma expo ‘Pharmac South’ to be held at Chennai Trade Centre on July 14 and 15

The pharma B2B event hosted by the Indian Drug Manufacturers’ Association Tamil Nadu chapter (TN IDMA) every year in Chennai will be held at the Chennai Trade Centre on July 14 and 15 this year with participation of a wide range of stakeholders of the sector. The business to business event ‘Pharmac South’ is the eighth in the series, but this year it coincides with the launch of the pharma cluster project (Tindivanam Pharma Park) of the Tamil Nadu government. The government on June 5 invited applications from the industry players for the allotment of land. More discussions on the project will be held at the seminars to be conducted as part of the Pharmac South expo, organizers informed.    While briefing Pharmabiz about the event, the chairman of the TN IDMA, J Jayaseelan said the expo is organized mainly to support the industries of drug manufacturing, API manufacturing, cosmetics and neutraceuticals to open up new market opportunities with the big players and pharma giants in the country. The event will showcase the latest innovations of pharmaceutical products, machineries, medical devices and new drug discoveries in addition to the display of latest industrial techniques. According to him, this year’s Pharmac South will be a unique platform for sharing knowledge, experiences, research & developments and other breakthroughs in the pharma sector for all the stakeholders in the industry. The trade fair will enable the MSME units in Tamil Nadu to reach out to hundreds of key industry stalwarts and potential customers from different parts of the country at one place. Jayaseelan said the health secretary and the MSME secretary of the Tamil Nadu government are also part of this year’s Pharmac South expo, so that the participant exhibitors will get chances to share their concerns with the government. Further, the entrepreneurs who want to invest in the pharma park project at Tindivanam can interact with the project officials and clear their doubts. In the presence of the government secretaries, this year’s pharma expo will be inaugurated at 10 am on Friday, followed by a seminar on sale strategies and B2B development will be held. In the afternoon, the motivational speaker, Swami Sukhabodananda from Benglauru will address the industry leaders and other participants of the event. The chairman of the Pharmaceuticals Export Promotion Council (Pharmexcil) Dr. SV Veeramani will preside over the inaugural session. Saturday, July 15, the program will start with a CEO Talk. A chief operating officer of a multinational pharma giant from Mumbai will deliver a speech on ‘how to make a successful B2B development in pharma’ at 10.30 am and followed by it a marketing conclave will be held. A seminar on exports will be held in the afternoon. K Sivanandan, organizing secretary of the TN IDMA said more than 200 exhibitors have already booked their stalls and this year 7,000 visitors are expected from all the south Indian states. He said Pharmac South is the premier high-powered pharmaceutical, neutraceutical and contract manufacturing exhibition in south India. Monday, July 10, 2023 Source: pharmabiz.com

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Import of medical devices to India declines 3.3% in 2022-23

Imports of medical devices to India have registered a slight decline of 3.3 per cent during the financial year 2022-23 as compared to the previous year, with the imports from China declining almost 20 per cent. The imports of Covid-critical medical devices has seen a significant fall during the financial year, resulting in the overall decline in imports. According to data from the AiMeD, the umbrella Association of Indian Medical Industry covering all types of medical devices including consumables, disposables, equipment’s, instruments, electronics, diagnostics and implants, the medical devices imports to India stood at Rs. 61,179 crore during 2022-23, as compared to Rs. 63,276 crore during 2021-22. However, this is the second highest imports in the last five years starting from 2018-19, following the highest imports in these five years reported in 2021-22. In 2018-19, the imports were at Rs. 40,915 crore, which grew to Rs. 41,709 crore in 2019-20, and to Rs. 44,759 crore in 2020-21. Imports from China declined almost 20 per cent to Rs. 10,397 crore in 2022-23, as compared to the highest imports of Rs. 12,979 crore during the year 2021-22. The decline was owing to the drop in Covid-19 critical medical devices and the impact of Public Procurement Order (PPO) promoting the Make in India move by the government, said Rajiv Nath, Forum Coordinator of AiMeD. Imports of thermometers have declined more than 91 per cent from Rs. 1,480 crore in 2021-22 to Rs. 130 crore in 2022-23. Similarly, imports of oxygen therapy equipment fell 87.4 per cent from Rs. 1,975 crore to Rs. 248 crore, examination gloves 78.54 per cent from Rs. 2,275 crore to Rs. 488 crore, diagnostic test kits 41.56 per cent from Rs. 3,850 crore to Rs. 2,250 crore, and oximeters from Rs. 1,200 crore to Rs. 800 crore during the respective period. However, imports of ophthalmic surgical equipment (from Rs. 100 crore in 2021-22 to Rs. 1,500 crore in 2022-23), MRI (Rs. 1,400 crore to Rs. 2,200 crore), Surgical Instruments (from Rs. 900 crore to Rs. 1,200 crore), Artificial joints (from Rs. 950 crore to Rs. 1,400 crore), Intraocular lens (from Rs. 1,080 crore to Rs. 1,780 crore), and Cochlear implants (from Rs. 400 crore to Rs. 600 crore), reported a growth during the period. While imports from China have declined, the imports from the other top five countries from where India imports medical devices has reported a growth during the year 2022-23 compared to the previous year. Imports from the USA, Germany, Singapore and Netherlands, the top four other source countries, have registered the highest imports in the last five years, during the fiscal 2022-23, according to the data. Imports from the USA grew 16.7 per cent to Rs. 11,350 crore in 2022-23 from Rs. 9,724 crore in 2021-22. Imports from Germany reported a growth of 15.86 per cent to Rs. 6,411 crore as compared to Rs. 5,533 crore during the previous fiscal year. Imports from Singapore grew 26 per cent to Rs. 6,275 crore in 2022-23 as against Rs. 4,981 crore in the corresponding period of previous year. Imports from Netherland stood at Rs. 3,322 crore as against Rs. 2,451 crore during the comparable period, with a growth of 35.53 per cent. The various initiatives from the government including the National Medical Devices Policy (NMDP), 2023, the Production Linked Incentive Scheme, MedTech Park Schemes, the Indian Certification for Medical Devices by Quality Control of India (India), price caps on stents and knee implants, duty increase of five per cent on some devices as a cess for NHA, among others are part of the Make in India achievements in the sector, said Nath. Monday, July 10, 2023 Source: pharmabiz.com

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