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New Delhi, <keyword id="19906967" type="General" weightage="20" keywordseo="tata-motors" source="keywords">Tata Motors</keyword> expects the industry sales growth of electric vehicles in <keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword> to moderate to 40-45 per cent this year with the base becoming bigger, a top company official said on Wednesday. The company, which launched Punch.ev on Wednesday, plans to introduce four more EV models this year, Tata Motors Passenger Vehicles Ltd &amp; Tata Passenger Electric Mobility Ltd Managing Director Shailesh Chandra said. It is expecting to grow faster than the industry EV growth rate, he added. "Two years back, EVs were growing on a very low base. In the last calendar year, it had a growth of nearly 100 per cent but now the base is getting bigger. By the end of this financial year, it will be around 90,000 to 1 lakh. On this high base, I think the growth (industry) would moderate to about 40 per cent to 45 per cent," Chandra said. As for Tata Motors, he said with five EV products lined up for launch, the company expects to beat the industry growth rate. When asked about EV penetration in the overall sales of the company, he said, "Currently we are between 12 to 15 per cent. Fortunately, we are also growing in <keyword id="20088520" type="General" weightage="20" keywordseo="ice" source="keywords">ICE</keyword> (<keyword id="20225695" type="General" weightage="20" keywordseo="internal-combustion-engine" source="keywords">Internal Combustion Engine</keyword>). So, the denominator keeps changing." In 2023, Tata Motors sold a total of 69,153 units of EVs. Further, he said, "In the next three years, we have taken a target of achieving 25 per cent of total sales with all the products that we are going to launch. 2024 should be around 15-17 per cent." Chandra said apart from Punch.ev, Tata Motors will launch the Curvv, Harrier EV, <keyword id="20225694" type="General" weightage="20" keywordseo="sierra" source="keywords">Sierra</keyword> and Altroz EV this year, most of which are expected in the second half. Punch.ev has been launched with an introductory price ranging from Rs 10.99 lakh-14.49 lakh. It comes with two battery pack options - 25 kWh, offering a range of 315 km, and a 35 kWh option, which offers a range of 421 km on a single charge.

Tata Motors expects industry EV sales growth in India to moderate to 40-45% this year

The upcoming episode of the cooking-based reality show '<keyword id="448395" type="General" weightage="20" keywordseo="MasterChef-India" source="Orion">MasterChef India</keyword>' features a unique blend of flavours. During the course of the episode, contestant Kriti Dhiman, a 23-year-old home baker from Gobindgarh, Punjab, steals the spotlight with her '<keyword id="19276646" type="General" weightage="20" keywordseo="black-garlic-ice-cream" source="Orion">black garlic ice cream</keyword>.' Kriti chooses her favourite ingredient - dates, and makes it the base for a delectable date pudding. However, the judges throw a curveball at her by asking her to choose one out of three secret ingredients presented by them. She picks black garlic, and transforms her choice into a velvety black garlic ice cream, which leaves all three judges in absolute awe of her culinary brilliance. Chef <keyword id="973254" type="General" weightage="80" keywordseo="ranveer-brar" source="Orion">Ranveer Brar</keyword>, who serves in the judges panel, heaps praise on Kriti's dish. With a resounding bang of his signature spatula, he says: "Swaad Aa Gaya." He goes on to say: "Kriti's creation transcends the ordinary. It's a symphony of flavours that are a pure delight to the taste buds. Her choice to incorporate black garlic into her ice cream is nothing short of mind-blowing. It takes courage to experiment with flavours at this level, and her risk has paid off in the most delicious way possible. This is the kind of innovation that sets MasterChef India's contestants apart." With <keyword id="19276645" type="General" weightage="50" keywordseo="chefs-vikas-khanna" source="Orion">Chefs Vikas Khanna</keyword>, Ranveer Brar, and <keyword id="334991" type="General" weightage="80" keywordseo="pooja-dhingra" source="Orion">Pooja Dhingra</keyword> at the helm, this digital-exclusive season of the cooking based reality show boasts a gastronomic extravaganza. 'MasterChef India' streams on Sony LIV.

The dish that impressed Chef Ranveer Brar is black garlic ice-cream

<ul class="summary-list"><li>The Francis Scott Key Bridge collapse has blocked shipments in and out of the Port of Baltimore.</li><li>The port is a key shipping point for cars, construction and farm equipment, and coal.</li></ul>After a cargo ship crashed into Baltimore's <a target="_blank" href="https://www.businessinsider.com/francis-scott-key-bridge-baltimore-collapses-after-struck-large-boat-2024-3">Francis Scott Key Bridge</a> and caused it to collapse, shipments in and out of the Port of Baltimore could be blocked for weeks.The <a target="_blank" href="https://www.businessinsider.com/baltimore-bridge-collapse-cargo-ship-mayday-call-traffic-2024-3">Dali container ship</a> collided with one of the bridge's support beams early Tuesday morning, causing large portions of the 1.6-mile bridge to collapse into the Patapsco River, with the wreckage effectively blocking ships from moving in and out of the Port of Baltimore.The <a target="_blank" href="https://www.businessinsider.com/bigger-ships-making-shipping-incidents-baltimore-bridge-more-complicated-2024-3">port is currently closed to vessels</a> until further notice, with officials saying it's unclear when it will be able to reopen.Industry experts say it could take months and that an extended disruption could have <a target="_blank" href="https://www.businessinsider.com/baltimore-port-closure-could-cost-15-million-per-day-2024-3">major economic consequences</a>, as well as direct impacts on the port's biggest imports and exports."If the port is closed, it's going to impact all of them," Daraius Irani, chief economist for the Regional Economic Studies Institute at Towson University, told Business Insider.<h2>The biggest point of entry for imported cars</h2>The Port of Baltimore is the top port in the US for roll-on/roll-off cargo, which refers to wheeled cargo like vehicles, construction equipment, and agriculture equipment, according to the port.In 2023, the port handled 847,158 automobiles and light trucks — more than any other US port for the thirteenth straight year — according to <a target="_blank" href="https://msa.maryland.gov/msa/mdmanual/01glance/html/port.html#cargo">data from the Port of Baltimore</a>."Baltimore is relatively unique in having the infrastructure to accept the cars and to store them until they ultimately reach their final destination," Anirban Basu, economist, founder, and CEO of Baltimore-based Sage Policy Group, told BI.Roll-on/roll-off cargo is especially difficult to divert to other ports, in part because it generally takes up a lot of space and requires specific handling.General Motors told BI that it expects the collapse to have a "minimal impact" on their operations. "Our thoughts are with those who were affected and the Baltimore community," the statement said, adding: "We are working to re-route any vehicle shipments to other ports as the recovery work continues."A spokesperson from Ford said, "Where workarounds are necessary, our team has already secured shipping alternatives."The Port of Baltimore said it handled 1.3 million tons of imported roll-on/roll-off cargo in 2023, including heavy farm and construction equipment.Basu said Caterpillar, a maker of construction, mining, and agricultural equipment, also moves much of its product through the Port of Baltimore. Caterpillar did not immediately respond to a request for comment from BI.<div type="image" title="Aerial shot of the Port of Baltimore at sunset, looking across and intermodal container yard towards a ship being unloaded by cranes." height="2160" width="3840" msid="108804870" hostid="261" sizebytes="385616"></div><h2>Coal, gypsum, and sugar</h2>In 2022, coal was among the top export commodities by weight moved through the Port of Baltimore. In 2023, the port ranked second in the US for coal exports, according to the port."The Port of Baltimore, over time, has developed the ability to store and then load coal onto ships and have those ships go places long and far, including India," Basu said, noting Maryland's proximity to West Virginia and <a target="_blank" href="https://www.businessinsider.com/coal-magnate-building-renewable-energy-plant-size-chicago-2024-3">coal country</a>. "And so tons of coal are set not to be sent abroad in the near term as the port suffers this lack of operability."In 2023, the Port of Baltimore was also the top US port for imported gypsum, a mineral commonly used in fertilizer and construction material, and imported sugar, according to the port, which has a Domino Sugar refinery operating nearby.ASR Group, whose companies include Domino Sugar and C&amp;H Sugar, told BI in an emailed statement they do not expect any short-term impacts to their operations in Baltimore."The Baltimore Refinery has six to eight weeks of raw sugar supply on hand with a ship currently discharging at the refinery's dock and another that finished unloading on Monday, March 25," the statement said. "ASR Group also owns a network of production facilities and warehouses across the US that all currently have healthy inventories of finished products and can be utilized if necessary."<h2>Paper, chocolate, and ice cream</h2>Many other items pass through the port every day. According to the port, in 2022, that included 1,000 tons of aircraft and parts, 793,695 tons of paper, 24,900 tons of chocolate, and $59.4 million worth of ice cream.In 2023, 444,000 cruise ship passengers also departed from the terminal at the Port of Baltimore.How much the port closure will impact each of these industries remains to be seen. "It really just depends on how much stuff was there before this accident happened," economist Irani said.A research briefing from <a target="_blank" href="https://www.oxfordeconomics.com/wp-content/uploads/2024/03/The-economic-costs-of-the-Key-Bridge-collapse.pdf">Oxford Economics</a> said the bridge collapse will likely have a greater impact on the local Baltimore economy than on a national level."There will likely be some temporary disruptions to certain industries, including automakers, but nothing that warrants an immediate change to our baseline forecast," the briefing said. "Ultimately, the duration of the disruptions at the Port of Baltimore, along with how quickly trade can be rerouted, will determine the economic costs.

Industries from cars to coal to ice cream could be impacted by Baltimore bridge collapse

Singapore-based VC firm <keyword id="20669818" type="General" weightage="20" keywordseo="jungle-ventures" source="keywords">Jungle Ventures</keyword> on Wednesday said it will infuse another $20 million in India's fastest growing ice cream brand <keyword id="20669817" type="General" weightage="20" keywordseo="walko-food" source="keywords">Walko Food</keyword>. This is Jungle's second investment into <keyword id="20668352" type="General" weightage="20" keywordseo="walko" source="keywords">Walko</keyword> Food within less than 12 months. Since its last funding round with Jungle in May 2023, Walko Food has introduced Yummo, its latest ice cream brand, tapping into a $3 billion market. The latest round of capital will further boost Walko's expansion across its product portfolio and customer reach, and accelerate its penetration into the Indian ice cream market, the company said in a statement. "This collaboration is a testament to Jungle Ventures' confidence in Walko's management team and its vision to nurture and grow our existing brands, including NIC, Grameen Kulfi, and Cream Pot, across various sales channels," said <keyword id="20669819" type="General" weightage="20" keywordseo="sanjiv-shah" source="keywords">Sanjiv Shah</keyword>, Director, Walko Food Company. Earlier, the company appointed celebrity <keyword id="19917047" type="General" weightage="20" keywordseo="rashmika-mandanna" source="keywords">Rashmika Mandanna</keyword> as its brand ambassador for its premium ice cream brand NIC. "Walko is tapping into a multi-billion-dollar opportunity in the Indian ice cream industry. In recent years, ice cream has captivated Indian consumers, causing a structural shift in dessert consumption patterns from traditional Indian sweets to ice cream," said Arpit Beri, Partner, India Investments at Jungle Ventures. Jungle Ventures is focused on early to growth-stage companies in Southeast Asia and India.

Jungle Ventures infuses another $20 mn in Indian ice cream brand Walko Food

From walking on Glacier 3000, the highest peak of the Alps to cycling through breathtakingly beautiful <keyword id="22617418" type="General" weightage="20" keywordseo="Rougemont" source="keywords">Rougemont</keyword>, Swiss 'life coach' <keyword id="22508953" type="General" weightage="20" keywordseo="Mike-Horn" source="keywords">Mike Horn</keyword> forced the Indian men's hockey team to move out of their comfort zones with an aim to create bonhomie and overcome fears of failure. Horn, an adventurer, and explorer has worked with the 2011 World Cup-winning <keyword id="19994380" type="General" weightage="20" keywordseo="Indian-cricket-team" source="keywords" meta.keywordsubtype="org" meta.entityname="Indian cricket team" meta.hostid="261" meta.entityid="Indian cricket team">Indian cricket team</keyword>, the 2014 IPL-winning KKR side, and the 2014 World Cup football champions German outfit in his illustrious career. So when <keyword id="20349470" type="General" weightage="20" keywordseo="harmanpreet-singh" source="keywords">Harmanpreet Singh</keyword> and company touched base at his base in <keyword id="19916576" type="General" weightage="20" keywordseo="Switzerland" source="keywords">Switzerland</keyword> for a three-day boot-camp, one expected him top push the envelope in his bid to bring in the requisite mental toughness ahead of <keyword id="20006192" type="General" weightage="20" keywordseo="Paris-Olympics" source="keywords">Paris Olympics</keyword>. As India prepare for their quarter-final match, it seems that Horn's boot-camp has had its desired effect. "Initially, there were some worried glances, but as we progressed, their confidence and camaraderie blossomed. The experience was as much a learning journey for me as it was for them," 58-year-old Horn told PTI while recollecting the reaction of the hockey players when they were asked to walk on the glacier. "They embraced the challenges and supported each other, building a strong bond that would be crucial for their upcoming competitions," he said. The elements of the boot-camp was specially customised to challenge the players both physically and mentally. The multi-faceted adventures included spending the first night in Saanen, a picturesque village in the Bernese Oberland region of Switzerland. The second day involved a combination of cycling to Rougemont, a cable car ride, and tackling a via ferrata-a protected climbing route. This mix of activities was aimed at testing the team's endurance and teamwork. The day concluded with a cycle to Rossiniere, where the team enjoyed traditional raclette, a traditional Swiss dish on cheese base while spending the night in a rustic farm setting, sleeping in hay at his friend's farm. On the final day, the group remained in the area and engaged in rappelling down waterfalls, a thrilling activity that capped off the boot-camp. These activities were not only physical challenges but also served as exercises in "mental resilience, teamwork, and trust." "Throughout the boot-camp, the team showed remarkable growth. Their determination and adaptability were inspiring, and it was gratifying to see how the camp helped them develop, both individually and as a cohesive unit. This mutual exchange of learning and growth is what makes these boot-camps so special." The most successful team in India' Olympic hockey history, the current men's team have 12 medals, including eight gold but they had to wait for 41 years for their last medal, a bronze which came at Tokyo three years ago. "Given the high expectations for the team, especially as bronze medal winners at the Tokyo Games, my advice to them was to focus on their strengths and stay mentally resilient," Horn said. "Overall, my advice centered on mental toughness, team cohesion, and embracing the moment, which are crucial for navigating the challenges of a high-stakes tournament like the Olympics," he added. He recalled his experiences of working with Gautam Gambhir-led KKR. "During the Kolkata Knight Riders' title win, these principles were crucial. Conquering big moments required mental strength and composure under pressure. We broke down challenges into manageable parts, maintained a positive environment, and reinforced the belief that each player's role was vital." Citing examples from his own life, Horn told players that for them, failure means losing a medal but for him, failure could lead to potential loss of life. "Drawing from my life as an explorer, I often tell the players that failure for me means not just losing a game, but potentially losing my life. This perspective instills a heightened sense of urgency and focus. "Sometimes, adopting a mindset where failure is not an option can be a powerful motivator, driving the team to give their absolute best as if everything depends on it. This intensity and commitment are often what it takes to achieve victory," he signed off.

Walking on Ice, sleeping on grass: How Horn prepped Indian hockey team

<ul class="summary-list"><li>Analysts think a <keyword id="12460783" type="UNKNOWN" weightage="60" keywordseo="recession" source="Orion">recession</keyword> is increasingly likely, as food <keyword id="11894140" type="UNKNOWN" weightage="60" keywordseo="inflation" source="Orion">inflation</keyword> exceeds 9%.</li><li>Trend experts said comfort food like <keyword id="11910483" type="UNKNOWN" weightage="60" keywordseo="ice-cream" source="Orion">ice cream</keyword> and <keyword id="14053260" type="UNKNOWN" weightage="60" keywordseo="meatloaf" source="Orion">meatloaf</keyword> was likely to shoot up in response. </li></ul>As wallets begin to get pinched by rising costs, which have been instigated by supply shortages and Russia's invasion of Ukraine, the increased stress and worry might make some want to reach for the nearest ice cream tub. Experts say there's a reason for this — and it might cause big changes to the way we eat amid a growing feeling that a <a href="https://www.businessinsider.com/economic-outlook-recession-odds-when-start-worrying-indicators-spending-employment-2022-5">recession</a>, and <a href="https://markets.businessinsider.com/news/stocks/stagflation-unavoidable-recession-stock-market-outlook-mohamed-el-erian-says-2022-5">perhaps stagflation</a>, are only a few months away. <h2>Customers are beginning to budget</h2>The <a href="https://www.bls.gov/cpi/">40-year-high inflation rates</a> in the US are partly a result of <a href="https://www.businessinsider.com/inflation-outlook-supply-chain-consumer-spending-price-growth-economic-forecast-2022-2">huge pent-up demand</a> brought on by stimulus checks and the lifting of COVID-19 restrictions, with Americans increasing their spending <a href="https://fred.stlouisfed.org/series/PSAVERT">with the comfort of record savings rates</a>. Now, with gas prices <a href="https://markets.businessinsider.com/news/commodities/gas-prices-outlook-6-gallon-fuel-demand-summer-driving-season-2022-5">expected to hit $6 a gallon this summer</a> and <a href="https://www.bls.gov/cpi/">food inflation surpassing 9%</a> in what is seen as the toughest cost of living crunch in years, it appears they are pulling back on spending.In their latest earnings calls, <a href="https://www.businessinsider.com/walmart-target-huge-costs-likely-add-price-rises-2022-5">Walmart and Target</a> planned to pass some costs onto consumers, who were already beginning to change their eating habits and buying more essentials like dairy, tuna, and other animal proteins. <h2>'Flavor fatigue' will drive meatloaf and ice cream sales</h2>But as people cut back on restaurant meals and increasingly scrimp, some experts predict a surge in simple luxuries to offset new, austere habits. Leith Steel of San Francisco-based Carbonate, a brand communications industry specializing in hospitality, told Insider that people search for comfort in times of economic hardship."We saw a huge surge in comfort foods [during the recession of 2008/09]. Ice cream sales went way up, because it's indulgent but relatively inexpensive," Steel said. "Meatloaf went up because it's comforting and made from scraps." Indeed, <a href="http://content.time.com/time/business/article/0,8599,2005572,00.html">a TIME article from 2010</a> reported that some ice cream vendors saw sales shoot up by 25% between 2009 and 2010.Steel said that with inflation rising, people would go out to restaurants less and opt instead for comfort at home. Alex Hayes, co-founder of UK-based food and drink consultancy <a href="https://www.thefoodconsultants.org/">Harris and Hayes</a>, agreed that comfort food purchases would rise. The psychological reason, she said, came from something called "flavor fatigue.""Flavor fatigue is a theory suggesting that when times are trickier, people look to simpler flavors which take less energy to process," Hayes said. "It helps explain why comfort foods sales rise in a recession, before switching back to more adventurous foods and flavors when economies return to growth.""We also see a 'to hell with it attitude,' where people look for comfort, experience, and escape through their choices," Hayes added. Her final point perhaps explained why Walmart said they were experiencing <a href="https://stock.walmart.com/investors/financial-information/quarterly-results/default.aspx">increased sales of luggage</a> as pandemic-era restrictions unwind.<h2>Fewer vegetables but more 'flexitarians'</h2>A surge in comfort eating may come at the price of healthier eating habits, particularly as fresh food prices rise and impact the demand for vegetables."Fresh vegetables are considerably more expensive than they were last year, resulting in a slump in fresh sales," Hayes said.Emilie Vanpoperinghe, founder Oddbox, a UK-based food company that delivers oddly-shaped vegetables to customers, told Insider that in times of high inflation vegetables were typically the first item to be left behind."When there's pressure on the cost of living people move away from fruit and veg, to more calorific food, Vanpoperinghe said. "Fresh produce is going to suffer with inflation because a lot of people can't afford this healthy diet when they're struggling with the cost of living."While that might mean fewer vegans, Hayes from Harris and Hayes said increased "flexitarianism," the <a href="https://www.businessinsider.com/plant-based-meats-flexitarians-vegetarians-vegans-market-revolution-2020-9">trend of eating meat sparingly, which has accelerated in recent years</a>, was likely to persist."This is not only part of a sustainable lifestyle. It's also to navigate the rising costs of animal proteins," Hayes said. "Those that do eat meat or fish are seeking out cheaper cuts, and experimenting with ways of making it go further."

You Searched For "ice cream growth india" and got 6 results

Tata Motors expects industry EV sales growth in India to moderate to 40-45% this year

PTI

The dish that impressed Chef Ranveer Brar is black garlic ice-cream

IANS

Industries from cars to coal to ice cream could be impacted by Baltimore bridge collapse

Kelsey Vlamis,Dominick Reuter

Jungle Ventures infuses another $20 mn in Indian ice cream brand Walko Food

IANS

Walking on Ice, sleeping on grass: How Horn prepped Indian hockey team

PTI

You're about to start eating more meatloaf and ice cream due to a likely recession, which could cause 'flavor fatigue,' experts say

Ryan Hogg

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