Charoen Pokphand, a Thailand-based group that owns the Five Star Chicken quick-service chain of restaurants, will invest $500 million in its India division in an effort to double its annual revenue reports GlobalMeatNews. Sanjeev Pant the vice president of India operations explained that 30% of the 500 million will be...
Cargill Grows its Feed Business in India
Cargill India started sales of its animal feed product in the northern state of Uttar Pradesh only last year, and has surpassed its target by almost 40%. “After starting our animal feed business in Uttar Pradesh, we had clocked average monthly sales of 250 tons against our initial target of...
Molson Coors Acquires Mount Shivalik Breweries in India
Molson Coors Brewing Company has announced that its subsidiary, Molson Coors International (MCI), has acquired Mount Shivalik Breweries Ltd. (MSBL) located in India. As part of the deal, MCI acquired MSBL's entire brand portfolio, including its leading "strong beer" brand, Thunderbolt, and assumes direct control over brewing operations in the...
Burger King to Expand in India
Burger King made an entry into the Indian market last November in a joint venture with Everstone Capital, and it opened 12 outlets in the National Capital Region and Mumbai. During the course of this year, more outlets will be opened in Bangalore and Punjab, said Rajeev Varman, CEO of...
Wal-mart's India partner expands its own retail chain
In April 2008, Bharti Retail opened its first "EasyDay Market" retail store in founder Sunil Bharti Mittal's mid-sized home town of Ludhiana in Punjab. Eschewing the major metro cities that have been the focus of other Indian retail chains such as Spencers, Reliance and More. Since then, CEO Vinod Sawhny...