India has emerged as a prime focus for global consumer goods giants seeking growth opportunities amid China's uneven economic recovery. With India's economy expanding rapidly among major emerging markets, companies are adapting their strategies to cater to the country's diverse consumer base and tap into its vast rural market potential....
Coca-Cola May Buy India's Cafe Coffee Day
Atlanta, GA-based Coca-Cola has entered into discussions with Bangalore, India headquartered Café Coffee Day, which is India's largest coffee house chain, to acquire a significant ownership percentage in the company. Looking to combat changing consumer tastes, Coca-Cola is eyeing the growing coffee market in India to expand its product offerings....
Heineken, Anheuser-Busch Debut Non-Alcoholic Beer in India
In July 2019, two of the biggest brewers in the world will introduce non-alcoholic versions of their famous brands in India. Dutch-based Heineken will distribute its non-alcoholic Heineken 0.0 brand through its United Breweries facility, headquartered in Bangalore, and St. Louis, Missouri-based Anheuser-Busch will launch its zero-alcohol Budweiser 0.0 and...
Coca-Cola Focuses on "Ethnic Drinks" in India
Mindful of the decline in the global consumption of sugary sodas, the Coca-Cola Co., in India is tuning in to the demands of health-conscious consumers for alternatives. The company has started to focus on "ethnic drinks" — traditional beverages brewed by grandmas in kitchens and street vendors around the country...
Indian and Foreign Companies commit to $11 billion in Food Sector
Speaking at World Food India 2017 in New Delhi, India's Finance Minister Arun Jaitley said, "Food processing is going to be one of the principal industries of India in the future. The farm to kitchen chain is going to change in India, like elsewhere, with increased agricultural production, better storage...
Foreign Investment into India at All-Time High
According to India's Department of Industrial Policy and Promotion, cumulative foreign direct investment (FDI) into India reached $498.9 billion in the 17 years from April 2000 to June 2017. During the last two financial years, FDI flows into India totaled $114.4 billion says a new KPMG report; this is an incredible forty...