Organised retailing is the new talk of the town, and agri-retailing is the next stop for India Inc.

IIPM MANAGEMENT INSTITUTE

According to the Ministry of Commerce, agriculture also attracted foreign investments worth $98 million in 2006-07. Subodh Kant Sahai, Minister of State for Food Processing Industries, adds, “FDIs in retail chain is needed to create markets. The food processing industry needs to grow at a greater pace to be competitive in the global market. The domestic market alone cannot create demand for processed foods. We need to export, and FDIs in retail chain can help in boosting (such) exports.” Remarkably, this year again, fertilizer companies have made it to the top in the B&E 100 Most Profitable Companies list.


Gujarat Narmada Valley Fertilizer had a net profit of Rs.3.26 billion, followed by Balrampur Chini with a profit figure Rs.3.26 billion. However, the list was topped by Zuari Industries with a net income of Rs.3.93 billion. The company has diversified interests ranging from fertilizers to biotechnology, and more.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)