Global retailer Wal-Mart sets up new company in India #Wal-Mart is Back

[Anubis]

Correction...small retailers may loose, but small industries will gain immensely.

May I ask how India can make Walmart an Indian company, unless Walmart itself deregisters itself in US and incorporates in India. Any why it should make a difference.

Walmart will stimulate local manufacturing Industries - It has done that in US and in China and will do that again in India, and that is what India requires to generate next round of economic growth.

I am not talking about making Walmart an Indian company.....I am talking about having an Indian company do what you want walmart to do.....that way the profits stays home!

 

[Jade]

I am not talking about making Walmart an Indian company.....I am talking about having an Indian company do what you want walmart to do.....that way the profits stays home!

The problem with Indian companies is that they don't have required capital and expertise to be like Walmart. For a reason Walmart is Walmart.

As regarding profits staying at home, in a globalization world that is impossible. Globalization itself means free flowing of capital. Capital goes where it can be utilized the best.

 

[djsjs]

China retailers should enter India market.

 

[SrNair]

This thing literally eats every single small business wherever it goes!Even local cha-walas will be out of business if Wlamart sets up shop!

Not going to work in India.India and Indians have always socialist blood.Communist party is a national party .so Walmart work will scrutinised and something goes wrong next thing you can see is shutting down of Wal mart