Blog: Dean BestWhy questions remain over India's potential

Dean Best | 7 May 2008

As expected, the Food Forum India conference in Mumbai as thrown up some bullish forecasts about the potential of the country’s food industry.

India, for all its challenges over distribution, infrastructure and, not least, political opposition to expansion in the retail sector, will be a “trailblazer” for the global food industry.

That bold prediction came from Kishore Biyani, the CEO of Indian conglomerate Future Group, which owns India’s largest retailer Pantaloon Retail.

Now, Biyani is betting big on the growth of organised retail in India. His Pantaloon business has some ambitious expansion plans, not least for its discount chain KB’s Fair Price.

However, doing business in India remains fraught with problems. From the lack of modern agriculture and inadequate distribution to the fierce local opposition to the growth of organised food retail, challenges abound.

While India is seen as providing all the answers to food manufacturers and retailers suffering in stagnant Western markets, industry would do well to remember that lots of unanswered questions remain, too.

For the latest coverage from Mumbai, please click here.


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?