Woolworths Limited - India

India

  • Croma/Tata Group Venture – In 2006 Woolworths and the Tata Group of India announced an electronics retailing venture on the subcontinent. Due to the legal framework, foreign companies are prevented from operating retail businesses in India. Due to this, Woolworths will act as a wholesaler to the Tata Group. The stores are based on the Dick Smith Powerhouse format.

Tata Group ends deal with Woolworths. According to the report in The Economic Times of India, Woolworths was surprised that the deal had a time limit on it. Tata Group and Woolworths have since "ironed out differences" and are continuing in business together according to the Economic Times of India.

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