Danone's dairy foray will need Wadias' nod |
NAYANTARA RAI & RITUPARNA BHUYAN / New Delhi June 8, 2007 |
The government has ruled that French dairy giant Groupe Danone cannot make a solo entry into the dairy business in India without the consent of the Wadia group, its 11-year-old joint venture partner in India. A decision to this effect was taken by the industry department on Wednesday. |