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

If Kraft Heinz passed on Pinnacle, it should do so with Campbell

It's almost 18 months since Unilever rebuffed Kraft Heinz and, ever since, the rumour mill has spun over where the US manufacturer could look next. It's been reported today (2 August) the ketchup make...

BLOG

Maybe Trump is finding trade wars aren’t so easy to win

In March, a day after issuing stiff tariffs on imports of steel and aluminium, Donald Trump took to Twitter to give his verdict on trade disputes. Four months later, it looks as though Trump's confide...

BLOG

Upfield Foods, home to ex-Unilever spreads assets, makes notable appointment

UK food-industry veteran David Salkeld is to take a senior position at Upfield Foods, the newly-instituted business that is home to Unilever's former spreads assets....

BLOG

Nature's Path quits US organic trade body in "protest"

The Organic Trade Association, which represents the organic industry in the US, has seen a high-profile member quit the organisation, taking a swipe at the body's stance on policy issues....



Forgot your password?