Technology in retailby Udit Jain on June 20, 2007
Safety concerns, competitive pressures and regulatory requirements are creating demand for more traceability in the food service industry than ever before. Also use of IT for tracking the sales and demand forecasting is widely accepted.
The above are some of the obvious activities for collaboration. There are several others such as training, financing, standards development etc where there could be collaborative ventures between Indian and Foreign companies.
The Indian Food and retail story has lots of future and everything points in its favorable growth. There is lot of scope for foreign investment in all aspects of food and retail.