Still drinks, nectars and packaged water sales are maturing quickly to grab a major share of the Indian beverages market, according to "The 2007 India Soft Drinks Report" by Canadean, the global beverages research company.
Dire warnings that the future wars will be fought over water may come true sooner than anticipated, albeit with a flavour. At least four behemoths, three of them multinationals, will soon mount an assault on the flavoured water market.
Mukesh will invest Rs 25,000 crore in setting up an SEZ in Navi Mumbai
"Why should we panic? Today, the market is at a higher level. Even a 400 points fall is less than 3 per cent of the market," said Anoop S Kumar, a retail investor who works for a public sector bank. He's not alone who thinks so.
Having failed to receive even a lukewarm response to the open tender for marketing India as a tourist destination overseas, the ministry of tourism has decided to extend the deadline by over a fortnight to mid-August.
Sources close to the development said this could happen at a meeting of the company's board of directors on Thursday.
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