International brands like Roca, Kohler and H&R Johnson plan to expand their scale of operations in India. The expansion will be either through brownfield expansion of their joint venture partners or through setting up greenfield ventures.
Nooyi had recently said that the company might make two or more acquisitions outside North America this year to add snacks or drinks it did not already make.
The company will soon launch its range of shampoos and shower gels targeted at children in the age group of 4 to 14 years. The products have been test-marketed in markets like Mumbai, Delhi and Kolkata.
Mirc Electronics, the manufacturer of Onida brand of consumer electronics, is looking for overseas acquisition opportunities to beef up its research and development capabilities.
The advantage could translate into Groupe Danone buying the Wadias's stake in Wadia BSN, the 11-year-old venture between the two groups, and hence pave the way for Groupe Danone doing business on its own in India.
The world's largest branded yoghurt maker is eager to enter the world's largest market
Groupe Danone is contemplating an exit from the biscuits category in India, due to low margins and a plethora of small manufacturers.
Reach out-of-court settlement on trademark violation.
French firm in talks with Wadias over future relationship.
In the last two years, a clutch of home-grown fast-moving consumer goods (FMCG) companies sought growth by acquiring companies overseas.
The executives of Anand, Gujarat-based Amul, the country's largest dairy products maker, said that there is enough untapped market to make it a mission possible
South-based CavinKare announced plans to expand its salon brand, Green Trends, from the current 35 to 70 by the end of 2007 and 140 by end-2008.
In February 2007, for instance, durables grew at 1.1 per cent compared with 20 per cent for the same period last year.
Media and advertising agency Madison will acquire a majority stake in cricket's "little master" Sunil Gavaskar's sports management company, Professional Management Group.
Mumbai-based Temptation Foods has acquired the marine foods business of FMCG major Hindustan Unilever for an undisclosed sum.
Even as conflicts between rival brands increase in India, industry experts find the trend encouraging.
According to Indian tax laws, an acquisition or sale made by an overseas subsidiary of an Indian company is not liable for taxation in India.
With substantial cash reserves, a buoyant domestic market and increasing global opportunities, almost every consumer goods (FMCG) company is looking for acquisition targets.
There is also a growing realisation amongst companies that very small children are not able to comprehend communication properly.
Last week, lunch boxes delivered by Mumbai's formidable army of dabbawallas (delivery boys) came with a small tag.
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