TATA BUSINESS CONCENTRATION COULD PREPARE WAY FOR EXPANSION IN INDIA’S FOOD MARKET, SAY EXPERTS
June 1st, 2019
A corporate restructuring by India’s Tata Group to demerge its chemical business from its consumer products divisions may encourage the conglomerate to boost its position in India’s highly competitive processed food sector, say experts.
“Tata may create a new identity by not only expanding its portfolio of ‘Sampann’ spices brand but also launching new food products that would compete with the offerings of established mid-sized companies like [Bengaluru-based] MTR Foods or [New Delhi-based] MDH,” Himanshu Manglik, president of Gurgaon-based ...
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