Professional Documents
Culture Documents
Gnana Review 1
Gnana Review 1
Gnana Review 1
ON AASHIRVAAD ATTA
Gnanambikai.V
17bco915
CHAPTER:1
Salt
Spices
Instant mixes
Multi purpose cooking paste
OBJECTIVES
REVIEW OF LITERATURE
Janat Shah, Debabrata Ghosh ( 2011) : While
the plethora of opportunities offered by India
was received with a lot of enthusiasm by
corporations across the world, the initial
unchecked foray into this country has now
turned into cautious planning and execution by
the top management of several companies over
the last few years (Khanna and Palepu, 2006).
Kaberi Bhattacharyya ( 2012): The gigantic size of the
Indian market has lured many consumer goods
companies into the country, especially after economic
liberalisation. Among them some have been immensely
successful, while others have suffered tremendous
losses. A close-look at the strategies adopted by the
successful companies reveals their earnest efforts to
adapt to the local socio-cultural values and practices.
The following article is a humble attempt at highlighting
the socio-cultural adaptation in the marketing
strategies of foreign FMCG corporations drawing
instances from post-liberalisation era.