Alibaba, Chinese ecommerce giant is looking to set shop in India in partnership with Tata Sons.
Michael Evans, Alibaba Group president and K. Guru Gowrappan, global managing director, recently met Cyrus Mistry, chairman, Tata Group, to discuss a partnership to cater to the online retail market in India.
At the meeting, both companies discussed and covered areas such as logistics, offline stores and Omni-channel to support Alibaba′s core e-commerce business.
Evans had told reporters after meeting Communications and IT Minister Ravi Shankar Prasad: “We have been exploring very carefully the ecommerce opportunity in this country, which we think is very exciting against the backdrop of Digital India."
Recently, Tata has been associated with several other consumer brands in the country. Starbucks also entered India through an alliance with Tata Global Beverages. This will add another leaf to Tata's international alliances.