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...
India Improves Investor Appeal
You may want to take a fresh look at business opportunities and investments in India, if a new World Bank report is to be believed. In November 2001, Goldman Sachs published a landmark paper where they identified India, along with Brazil, China, and Russia as the four “BRIC” economies that...
U.S., India, Form a New Strategic Partnership
On August 1, a powerful strategic partnership between the U.S. and India was officially launched in New Delhi by India's Finance and Defense Minister Arun Jaitley . The U.S.-India Strategic Partnership Forum (USISPF), a nonprofit corporation, will focus on stimulating business relations between the U.S. and India, and enhance the...
Pepsico Enters India's Dairy Market
New York-based Pepsico will launch dairy-based beverages in India under its other brands, including Tropicana. PepsiCo India Holdings Pvt. Ltd, is venturing into the Indian dairy market—one of the toughest for a foreign multinational to break into. Deepika Warrier, vice-president (nutrition), PepsiCo India, said, that the company's Quaker Oats brand ready-to-drink...
India’s Packaged Goods Industry Likely to Reach $50 Billion by 2017
India’s packaged food industry is rapidly growing. The sector is likely to rise to $50 billion next year from $32 billion last year, according to the Associated Chambers of Commerce and Industry of India, which said, "There has been a major shift in food habits in the metropolitan cities. About 79...
India Snack Wars Escalate
India's domestic snack makers and imported brands are vying for the top spot in the salted snacks category. Companies in the multinational camp are PepsiCo and ITC (both of which manufacture their foods in India) Regional companies include Haldiram Foods, Parle Products, Balaji Wafers, and Prataap Snacks. Economic Times reports a study by London-based...