FDI off India's menu but rural push will help retailers
By: Dean Best | 7 July 2009
The world's top food retailers may not have got the news they were looking for when India's new government published its first annual budget yesterday (6 July). Despite apparent support in some political circles for a loosening of the laws restricting foreign investment in Indian retail, the budget made no mention of any reform. However, as Dean Best reports, the likes of Wal-Mart, Tesco and Metro Group should still be cheered by India's plans for modernisation.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
The world's top food retailers may not have got the news they were looking for when India's new government published its first annual budget yesterday (6 July). Despite apparent support in some political circles for a loosening of the laws restricting foreign investment in Indian retail, the budget made no mention of any reform. However, as Dean Best reports, the likes of Wal-Mart, Tesco and Metro Group should still be cheered by India's plans for modernisation.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
Sustainability moves up the agenda as brighter 2010 beckons
In spite of the global downturn, 2009 turned out to be an eventful year for the food industry. Economic recovery, albeit a slow and slightly faltering one, should bring equally if not more interesting times. Ben Cooper looks at what is likely to be dominating the headlines in the coming year.
US: Aires De Campo signs Organic Alliance deal
Organic Alliance as entered into a distribution agreement with Aires de Campo, the first organic packaged food company in Mexico.
BRAZIL: Wal-Mart plans Brazilian investments
Wal-Mart is planning to invest between BRL2bn (US$1.12bn) and BRL2.2bn to fuel growth in Brazil in the coming year.
Market research related to this article
Company Financials Wal-Mart Stores, Inc.
The Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and ca...
Company Financials Tesco Plc
The Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and ca...
Private Labels in Retailing 2009
Verdict Research: This new report provides a useful insight into the latest private label developments of retailers across different sectors including food & grocery, electricals and DIY. With a number of case studies spanning across different countr...
