Food Retail
Essay by 24 • December 29, 2010 • 267 Words (2 Pages) • 1,359 Views
Retailing in food and grocery Industry
Ð'* Food accounts for about 48 per cent of FMCG sales in the country
Ð'* By 2020, India is expected to become the fourth-largest food retail market in the world.
Ð'* More and more corporate houses such as HLL, ITC and Reliance are now making inroads into food retail, with some even exploring the integrated approach via agri business and food processing.
Ð'* The Indian food processing industry was valued at Euro 90 billion in 2005, a growth of 10% over the previous year.
Ð'* Major player:
o ITC Limited
o Agro Tech Foods
o Cadbury India Ltd.
o PepsiCo India Holdings
o Nestle India Pvt. Ltd.
o Britannia Industries Ltd.
o Hindustan Lever Limited
o Milkfood
o MTR foods limited
o Godrej industries Limited
o Gits Food Products Pvt. Ltd.
o Dabur India Ltd.
Ð'* The processed-food market is the main focus for foreign companies as this segment is underdeveloped and presents enormous potential for growth. The growth of modern, organized retailing Ð'-- in contrast to the kiosks and small shops from which Indians have been purchasing food traditionally Ð'-- will also increase the demand for value-added
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