US-based B2B portal Agribuys is setting up shop in India. Company president and CEO, Marina Kotsianas, revealed that a US$7m Software Development Centre would be established in Poona, an industrial town 100 miles southeast of Bombay. Initially, the Poona facility will give technical support to the Technology Support and Development Centre in Torrance, California. The next stage will involve working directly with the company's US customers, with a view to later launching full services in India.It is currently looking at tie-ups to facilitate its entry in the Indian market. The portal will need to strike alliances with transporters and logistics companies, financial services, cold chain, and test/inspection agencies. "Fully fledged operations will require substantial investment," said Kotsianas, implying that no decisions will be rushed.
INDIA: Agribuys B2B portal sets up IT centre in India
Get full access to all content, just $1 for 30 days
just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 20 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- Interview: Houlihan Lokey on food M&A landscape
- Interview: Tim Rycroft of UK trade body FDF
- Big Food's VC-style funds: the investments so far
- Guide: Dairy companies aiming to milk dairy-free
- Could Covid-19 make for more caring companies?
News
- Coronavirus - just-food's free live blog updated
- India food hit by production, supply disruption
- Mondelez takes SnackFutures model to Europe
- Unilever seals major India M&A deal
- The Primal Pantry acquired by UK snacks peer
Market research
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
