Blog: Tesco hits India

Catherine Sleep | 16 March 2006

Nothing if not determined, it appears that Tesco has found a way to increase its activities in India despite that country’s ban on direct foreign investment in pure food and grocery retailing. Word has it that Tesco is about to start working with Bharti, the Indian telecoms group which recently made its first foray into the food sector via FieldFresh Foods, a joint venture with Rothschild.

Speculation abounds that Bharti is exploring a food retail venture likely to include hypermarkets, supermarkets and convenience stores. Does Tesco know about these formats? That'll be yes, yes and yes.

It would be a smart move for both companies. Bharti has no experience of grocery distribution and could learn a lot from Tesco’s supply chain expertise, particularly given Tesco’s recent adventures moving into other Asian markets. Tesco meanwhile would be able to leverage the business know-how of a major Indian conglomerate and gain a further foothold in a market to which it might one day have broader direct access.

Tesco eyes Indian JV


BLOG

Barilla puts sustainability centre stage

Barilla's 2016 results statement, published last week, makes interesting reading, not because of the Italian food group's commercial performance, but for the emphasis placed on sustainability achievem...

BLOG

UK M&A deal volumes slide in early months of 2017

Fresh data from Grant Thornton indicates the number of mergers and acquisitions in the UK food and drink sector fell to the lowest level for over two years in the first quarter of in 2017 - but the ac...

BLOG

Food policy returns to focus in Westminster

Amid the political turmoil in the UK caused by the EU Referendum, the resignation of a Prime Minister, subsequent burning debates over the Brexit “divorce” settlement and now by the surprise announcem...

BLOG

Danone closes WhiteWave, who will acquire Stonyfield?

Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...

just-food homepage



Forgot your password?