India is of strategic importance for Kraft Foods

Source: Marketwatch
© Scanpix/Reuters

Kraft Foods Inc., the second-largest food producer, announced India the strategically important market for further expansion of the company. Kraft's takeover of Cadbury PLC in 2010 permitted the company to access promising Latin American and Asian markets. Indian sales grow by 40% a year. Kraft Foods is going to invest essentially in Indian markets.

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