Only 24 percent of sales from top 20 companies are derived from ‘healthier’ products, reveals ATNI report

financialexpress.com:

The Access to Nutrition Initiative (ATNI), a global independent non-profit organization on Wednesday launched its third edition of the India Index, in partnership with Consumer Voice and Confederation of Indian Industry.

The India Index 2023 edition assesses 20 of the largest food and beverage manufacturers in India. 14 of the companies are listed on Indian or international stock exchanges.

During the study, ATNI assessed companies which included: Adani Wilmar; Agro Tech Foods; Britannia Industries; Coca-Cola India; Dabur India; Gujarat Co-operative Milk Marketing Federation (GCMMF) AMUL; Haldiram’s Snacks Private Limited; Hatsun Agro Products; Heritage Foods; Hindustan Unilever; ITC; KMF Nandini (Karnataka Cooperative Milk Producers Federation); Lactalis India; Marico; Mondelez India Foods; Mother Dairy Fruit & Vegetables; Nestlé India; Parle Products; Patanjali Foods; PepsiCo India.

The experts highlighted that the business in India is booming, particularly in the food sector.

According to the experts, the macroeconomic cost to India of malnutrition is immense.

Aligned with the Sustainable Development Goals (SDGs) aimed at addressing undernutrition and hunger, the India Index serves as a crucial instrument for enhancing product portfolios, striving for at least half of these portfolios to meet healthy standards by 2030, it added.

“ATNI works on three levels to transform markets and achieve improved access to healthier products and diets: tools including benchmarks and indexes that assess the private sector on their nutrition commitments and products; policy support and alliances including via ATNI’s Investors in Nutrition and Health; and action research which underpin market change for nutrition,” Greg S Garrett,