Tuesday, August 12, 2008

TISCO and TESCO

Tata Steel was earlier known as TISCO (Tata Iron and Steel Co Ltd)
So, what a concidence that TATA is now going into a joint venture with TESCO.

For those of you who are not aware, TESCO is the largest supermarket chain in the UK (similar to Walmart in US). Of course the supermarkets in the west are veritable warehouses - massive complexes almost always greater than one football field. We still don't have them in our Indian cities as yet. But I guess a lot of these supermarkets will sprout in these satellite cities that are coming up all over the country
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