CM Stalin says one-trillion-dollar economy goal is within reach
In his official X handle, Stalin said, 'When we set the target of becoming a one trillion dollar economy by 2030, many raised their eyebrows. It's too ambitious, they said. But with growth like this, what once seemed distant is now well within reach.'
Calling it a testament to the success of the Dravidian model of governance, Stalin said that while Tamil Nadu was already leading the nation with a 9.69% growth rate (as per the advanced estimate by MoSPI in April), even that has been surpassed.
'Tamil Nadu stands tall as the only state to achieve double-digit growth. The last time this happened was in 2010-11, under the leadership of Kalaignar (M Karunanidhi). Today, history repeats itself under the Dravidian model government, once again led by the DMK,' he said.
Addressing reporters at Anna Arivalayam, Finance Minister Thangam Thennarasu said the double-digit growth rate was due to Stalin's initiatives to attract investments, the jobs created through them, among other factors.
Thennarasu said, 'Tamil Nadu has become the prime destination for investors, and the investments attracted as a result have brought this accolade to the state. We have managed the financial situation well. They (Opposition) have accused us of incurring debts; however, the debts taken within permissible limits for investments have accelerated Tamil Nadu's growth.'
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News18
33 minutes ago
- News18
TN to launch door delivery of ration items to elderly, differently abled
Chennai, Aug 12 (PTI) Chief Minister M K Stalin will launch a scheme on Tuesday to deliver ration items to the doors of over 21 lakh beneficiaries—senior citizens and the differently abled—the Tamil Nadu government said. The 'Chief Minister's Thayumanavar Scheme" will be launched by Stalin here, wherein ration items including rice and sugar will be delivered to the intended beneficiaries at their doorsteps, an official release said. Senior citizens of over 70 years and differently abled ration card holders are the targeted beneficiaries of the scheme. Around 20.42 lakh senior citizens and over 1.27 lakh differently abled persons would benefit from the scheme, it said. As part of the initiative, the ration items will be door-delivered to the beneficiaries every second Saturday and Sunday and the relevant details have already been received from the Food and Consumer Protection department and shared with the field staff concerned, it said. The staff will deliver the items to eligible beneficiaries. They would be provided with an electronic weighing machine and e-PoS (point of sale) machine as part of the initiative, it said. 'The pro-people move would cost the government a sum of Rs 30.16 crore and the government aims to ensure the welfare of the marginalised sections of the society," the release added. PTI SA ADB (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: August 12, 2025, 08:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
an hour ago
- Time of India
How India's morning meal became big business
Not long ago, breakfast in India was entirely a home affair. A paratha with chai or lassi in Punjab, poha in Maharashtra and the filter coffee– upma–idli-vada-dosa spread in the South. Recipes passed down generations, cooked from scratch in the morning rush. The first serious challenger to this tradition arrived in the mid-1990s, when Kellogg's — now Kellanova — made a high-profile entry. Cornflakes were marketed as the modern, urban breakfast. But the bowl-and-milk routine didn't quite dethrone the skillet. The cultural pull of hot, freshly made Indian breakfasts was too strong. Two decades later, the battlefield has shifted. Now, the same aloo paratha and masala dosa can reach your door faster than you can brush your teeth — courtesy of Swiggy Instamart, Zepto Café, Blinkit and a rising army of D2C food brands. Breakfast is no longer just a habit; it's a category with billion-dollar ambitions. The numbers behind the appetite Part of it is the choice on offer. Breakfast categories have exploded: millet-based porridges, fortified batters, oat cups, vegan cheese slices, just to sample a few. The more there is to click on, the more there is to buy. Part of it is psychology. Breakfast is a habit, and habits are profitable. Swiggy's High Protein campaign, which reached 1.8 million consumers across 30 cities, is a case in point — anchor a health-driven story to the morning routine, and you can make 'premium' feel essential. And part of it is speed. Ten-minute delivery removes the barrier between want and have. Zepto Café learned this when its hot-food arm crossed 100,000 daily orders early on. It also learned how fragile that can be — scaling down parts of the service when logistics and staffing bit back. Redseer Strategy Consultants' analysis of quick-commerce GMV indicates that breakfast SKUs (Stock Keeping Units) now account for over 12 per cent of food and beverage sales on such platforms and the proportion is growing. With dark stores carrying larger and more diverse breakfast ranges, the barriers to entry for new brands have never been lower. According to IMARC Group and TechSci Research, India's packaged breakfast market — spanning cereals, ready-to-eat (RTE) meals, and quick commerce–driven fresh options — is worth an estimated USD 3.8 billion in 2024 (INR 31,400 crore). Projections suggest this could hit USD 8.4 billion (INR 69,300 crore) by 2030, with per-capita breakfast spending rising from INR 224 in 2024 to INR 485 by the end of the decade. This surge isn't just in rupees. SKU counts in the breakfast segment have exploded. Industry tracking of Swiggy Instamart, Zepto Café and Blinkit assortments shows a 50 per cent jump in listed breakfast products in the past two years. In 2022, a typical dark store might carry 35 to 50 breakfast SKUs; in 2024, the count is closer to 60 to 75 — and that's before counting restaurant breakfast menus. Urban professionals and young families are the drivers. They're willing to pay for convenience, they're brand-aware and they're swayed by protein counts and health claims. Students and gig workers lean on quick-commerce for fast, cheap breakfasts. Older households shift more slowly, but once dark-store freshness reaches their postcode, they start adding batters, milk and eggs to the morning cart. Then companies are setting themselves up for daily frequency, high-margin upsells and near-zero marketing cost once the habit locks in. The super bowl Deepak Maloo, vice president – food strategy, customer experience and new initiatives at Swiggy, says the shift is cultural as much as commercial: 'What was once a niche interest has now evolved into a mainstream movement. The nutritious meal segment on Swiggy has gained strong momentum, driven by increased health consciousness, busier urban lifestyles and better access to transparent food choices.' Popular orders range from quinoa khichdi and grilled chicken sandwiches to paneer dosas and berry-yogurt bowls. Swiggy is also co-creating high-protein offerings with over 35,000 restaurant partners, ensuring a minimum 15g of protein per dish and experimenting with brand tie-ups like McDonald's Protein Plus Burgers and multi-millet buns, available exclusively on the platform. The sunrise scramble The time-pressure on breakfast is fertile ground for quick commerce. Someone realising they're out of bread at 8:30 am can have it on the doorstep by 8:45 am — and they'll probably add a pack of trail mix or protein batter while they're at it. D2C brand Farmley claims to have been a big beneficiary of this shift. Known for its dry fruits, seeds and makhanas (commonly referred to as lotus seeds or fox nuts), the brand has pushed deeper into ready-to-eat breakfast-friendly formats. Its 7-in-1 Trail Mix — almonds, cashews, cranberries, blueberries, black currants, pumpkin seeds and sunflower seeds — is designed for both nutrition and grab-and-go convenience. 'Our breakfast-oriented products like the trail mix and berry-based mixes are seeing strong traction across quick commerce and e-commerce platforms,' says Akash Sharma, co-founder of Farmley. 'Quick commerce stands out particularly for breakfast-related purchases because of the consumer's immediate need in the morning hours.' For Farmley, the numbers align with a wider behaviour shift: their research shows that over 55 per cent of consumers now seek preservative-free, clean-label products even in quick-consumption formats. In the context of breakfast, that means more seed mixes on yogurt, more roasted nuts in smoothie bowls and fewer processed cereals. For Id Fresh Food, the 'breakfast rush' doesn't mean abandoning its roots. The brand that built its name on preservative-free dosa-idli batter now uses quick commerce to get it to you before your kettle boils. Enakshi Dasgupta, head of new product development at Id, says, 'Every new product category is an organic extension of the Indian kitchen — not a departure from it. Whether it's our Malabar parotas, paneer, or filter coffee decoction, we stay anchored to food you would make at home. No preservatives, no artificial additives, no shortcuts.' Farmley, known for its breakfast-friendly dry fruits, nut mixes and granola, sees the same acceleration. Their products have moved from pantry staples to everyday 'on-the-table' items because of faster delivery. Morning shoppers on Instamart and Zepto aren't just ordering ready meals — they're topping them with almonds, dates, or a spoon of peanut butter. Veeba, which started out as a B2B sauces supplier, now has a breakfast footprint thanks to products like mayonnaise, sandwich spreads and pancake syrups — all geared for quick breakfast prep at home. Quick commerce lets them sell in the exact moment of impulse: when someone decides their toast needs a flavour boost, right now. MTR, one of the earliest ready-to-cook breakfast players, has evolved from supermarket shelves to being a top performer on Zepto Café and Instamart with its upma, poha and masala oats packs. The difference is that these packs can now arrive in 15 minutes instead of being part of the weekly grocery run. The cheat sheet Quick commerce may be chasing speed, but for some brands, the promise is about trust. Id Fresh Food's Dasgupta, says their 'homemade-style' positioning is non-negotiable: 'Every new product category is an organic extension of the Indian kitchen — not a departure from it. We stay anchored to the principle: food that reflects what you would make at home. No preservatives, no artificial additives, no shortcuts.' Their batters ( idli, dosa , multigrain, protein), parotas and filter coffee decoction are designed to meet modern nutritional demands while keeping traditional taste intact. Integration with platforms like Blinkit and Zepto means the brand can now deliver batter to your door in under 20 minutes — but Dasgupta is clear that they're not competing directly with hot-meal delivery. She says, 'Our consumers aren't just buying batter — they're investing in control, customisation and care. It's about shaping the dosa just the way your child loves it, or serving hot idlis straight from the steamer. That's an experience delivery can't replicate.' Taste, trust, timing Breakfast plays to the strengths of quick commerce and cloud kitchens in ways lunch and dinner don't. Orders are smaller, prep is faster and demand is predictable — commuters, parents with school runs and health-conscious gym-goers all want the same thing: speed without sacrificing health or taste. Farmley's almond butter can go on toast. Veeba's chocolate spread can turn a leftover chapati into a treat. MTR's upma can be paired with fresh chutney from a cloud kitchen. Id's dosa batter can be topped with Farmley's roasted pumpkin seeds for crunch. The 2030 breakfast table If current growth holds, India's breakfast market will double in six years. IMARC's modelling suggests cereals will maintain their dominance in value terms, but RTE (Ready To Eat) meals — from packaged upma to ready-to-eat parathas — will outpace them in growth rate. Quick commerce's contribution to breakfast sales could exceed INR 20,000 crore by 2030, especially as penetration deepens beyond Tier 1 and 2 cities. The payoff for getting it right is huge. Breakfast is a habitual purchase. Once a consumer chooses their go-to platform or brand for the first meal of the day, they tend to stick with it — and that slot in their routine is incredibly valuable. This is why Swiggy invests in curated categories and brand collaborations, why Farmley experiments with impulse-friendly INR 40 to INR 200 price range for quick commerce and why Id commits to the 'homemade-style' promise even as it scales. Breakfast may only account for a fraction of India's daily food spend, but it's a fraction that repeats almost every single day. In the competitive world of food and grocery delivery, that kind of loyalty is gold. And so, the idli , the paratha , the protein bowl and the trail mix now share the same battlefield — the modern Indian morning.
Hans India
an hour ago
- Hans India
State best place for entrepreneurs to start as well as grow big: CM
Bengaluru: Pitching Bengaluru as the tech capital of India that is making leaps in new-age technology like quantum science and artificial intelligence, Karnataka Chief Minister Siddaramaiah on Monday invited industry leaders for the 28th Bengaluru Tech Summit to be organised here from November 18 to 20. 'We are the best place for entrepreneurs to start and grow big,' he added. Siddaramaiah was addressing nearly 100 industry leaders at a breakfast meeting called by the Department of Electronics, IT & BT, Karnataka government, to promote the summit. 'In Artificial Intelligence, Bengaluru ranks 5th among the world's top AI cities. It hosts nearly 50 per cent of India's AI talent, making it the second-largest AI talent hub globally,' pointed out the CM. He promised that Karnataka's new IT policy will focus on creating infrastructure for AI. According to him, from the Mysuru kings to the first IT policy in 1997 and the Global Capability Centre Policy in 2024, Karnataka has always planned ahead. 'In quantum technology, for instance, Karnataka launched India's first state-level Quantum Technology Roadmap. We aim to make Karnataka Asia's top Quantum Innovation Hub by 2035, with a USD 20 billion quantum economy,' he said. 'We are planning Quantum Hardware Parks, Innovation Zones, and a global Quantum Conclave in Bengaluru,' Siddaramaiah said. He also said Karnataka is India's largest software-exporting state, contributing 44 per cent of the nation's software exports. 'The IT and ITeS sector accounts for 26 per cent of our state's economy. We host over 875 Global Capability Centres (GCC), which is 30 per cent of India's total. Our goal is to add 500 more GCCs by 2029, creating 3,50,000 jobs and USD 50 billion in economic output. We are also building tech clusters beyond Bengaluru to ensure growth across the state,' he added. The CM took pride in the fact that Karnataka is now home to over 18,300 startups and more than 45 unicorns. He also promised industry leaders that Karnataka will take this a notch further. 'We are building QWIN City, an integrated ecosystem for wellness, innovation, and new-age industries. This will be a magnet for global scientists, entrepreneurs, and investors, offering dedicated R&D clusters, and wellness infrastructure that makes it a destination to live, work, and innovate,' he added. He also talked about the upcoming Health City, a world-class healthcare and life sciences hub. 'It will bring together medical research, biotech innovation, med-tech manufacturing, and super-speciality hospitals to serve both India and the world,' he added. Chief Minister also said Karnataka's vision is to make it the place where the world comes to solve its biggest challenges. 'Whether it is curing diseases, developing sustainable energy solutions, or building the computers of the future, we will provide the talent, infrastructure, and policy support to make it happen. I invite industry leaders, innovators, and visionaries to come work with us,' said the CM.
