A disagreement between Danone and the Wadia Group is reportedly holding the French dairy firm back from setting up a dairy and water business in India.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


India’s Wadia, tied into food processing firm Britannia with Danone since 1990, could stop Danone’s plans by pressing for its right of first refusal.


According to a report by the Economic Times, Danone and Wadia made an agreement covering all investments and acquisitions in the food and beverage sector. One of its clauses was that Danone could only go ahead with an opportunity if Wadia was not interested in pursuing it, the Indian newspaper reported.


Danone could require a no-objection certificate (NOC) from the Wadia group to go ahead with its plans.


Local reports say that Wadia has involved the Mumbai High Court over Danone’s investment in an Indian company without obtaining an NOC, arguing that the spirit of the JV was being frustrated.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The French company was unavailable for comment when contacted by just-food today (17 January).