Corporate bigwigs draw massive investment plans in Agro retail
With Reliance Industries announcing plans to invest Rs.40 billion in West Bengal on June 21 to set up an agro-retail chain and other corporate bigwigs like ITC, Bharti and Godrej drawing huge plans in the agri-food segment, the Rs.3.6 trillion Indian food & beverage industry is clearly on a roll and is expected to get a major boost. There are two business models emerging in this sector. One, which is focused on institutional sales and the other is about investing in food retailing. For instance, Bharti has forayed into food retailing and has tied up with Tesco. In the same league, Mahindra Shubhlabh Services Ltd. (MSSL), the agri-business arm of Mahindra & Mahindra has tied up with South Africa’s ‘Capespan’ for exports of branded fruits (with the MSSL brand name) to the South African market.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
With Reliance Industries announcing plans to invest Rs.40 billion in West Bengal on June 21 to set up an agro-retail chain and other corporate bigwigs like ITC, Bharti and Godrej drawing huge plans in the agri-food segment, the Rs.3.6 trillion Indian food & beverage industry is clearly on a roll and is expected to get a major boost. There are two business models emerging in this sector. One, which is focused on institutional sales and the other is about investing in food retailing. For instance, Bharti has forayed into food retailing and has tied up with Tesco. In the same league, Mahindra Shubhlabh Services Ltd. (MSSL), the agri-business arm of Mahindra & Mahindra has tied up with South Africa’s ‘Capespan’ for exports of branded fruits (with the MSSL brand name) to the South African market.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
