Question

In what way is Cargill different from Parakh Foods?

Answer 1

Answer:

Ans. Cargill Foods, a very large American MNC, has taken over a smaller Indian company Parakh Foods. Parakh foods had five oil refineries, whose control has now shifted to Cargill, who is now the largest producer of edible oils.

Answer 2

Answer:

Cargill Foods, a very large

American MNC, has bought over

smaller Indian companies such as

Parakh Foods. Parakh Foods had

built a large marketing network in

various parts of India, where its brand

was well-reputed. Also, Parakh Foods

had four oil refineries, whose control

has now shifted to Cargill. Cargill is

now the largest producer of edible oil

in India, with a capacity to make 5

million pouches daily!