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Article: India : Britannia to sharpen focus on global biz.
- Article from:
- TendersInfo
- Article date:
- September 1, 2009
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Byline: pinto03
Biscuits major Britannia Industries plans to focus on strengthening its international business and expand its brand presence in the aftermath of its settlement with Danone on the intellectual property rights (IPR) issue over the Tiger brand. The company also expects its dairy business to drive growth for the company.
At its 90th annual general meeting in Kolkata today, Britannia Industries Chairman Nusli Wadia said: The year ahead is likely to be a challenge for the industry due to the slowdown in GDP growth and discretionary consumers spending, runaway commodity inflation, exacerbated by failed monsoons in several areas and food ...