MEXICO CITY May 25 Mexican breadmaker Grupo
Bimbo said on Thursday it has entered the Indian
market through a joint venture to acquire 65 percent of shares
in Indian's Ready Roti India Private Limited.
The Mexican company, which moved into the African market
last month with the purchase of Morocco-based Adghal, did not
disclose the cost of the deal.
In April, Bimbo said it plans to grow in China in the short
term with acquisitions, while also expanding in the rest of Asia
and entering Middle Eastern markets.
(Reporting by Veronica Gomez Editing by W Simon)