How did ‘Cargill Foods’ become the largest producer of edible oils – InterviewSolution

InterviewSolution

1.	How did ‘Cargill Foods’ become the largest producer of edible oils in India? Explain.
Answer» Cargill Foods, a very large American MNC, bought Parakh foods, which had a large marketing network in many parts of India. It was a well reputed company. It had four oil refineries, whose control passed to Cargill Foods. Cargill Foods is, now, the largest producer of edible oil in India, with a capacity of making 5 million pouches daily.

Discussion

No Comment Found

Related InterviewSolutions

Globalisation has created new opportunities of A) employmentB) emerging multinationals C) providing services D) all of the above
How has globalisation impacted on India and how is India in turn impacting on globalisation?
‘Globalisation’ has NOT badly impacted the lives of A) MNCs B) Tribal people C) Landless workersD) Unorganised sector workers
What was the idea behind developing Special Economic Zones (SEZs) in India? (a) To attract foreign companies to invest in India (b) To earn foreign exchange (c) To make India financially stable (d) To make India a developed country
How many countries are currently the members of the World Trade Organisations? (a) 140 countries (b) 145 countries (c) 159 countries (d) 149 countries
How has foreign trade been integrating markets of different countries in the world? Explain with examples.
How has globalisation been advantageous to both the producers as well as the consumers in India? Explain.
What is the most common route for MNC investments?
What is the full form of WTO? (a) World Transactions Organisation (b) Wealth Trade Organisation (c) World Trade Organisation (d) None of the above
WTO is dominated by countries like ......... . (a) U.S. and U.K. (b) China and France (c) India and Japan (d) Ireland and Germany