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He made some excellent points.
Utterly disappointed with BJP on this issue. Sharad Yadav's hyper socialism seems to have infected them also. Having second thoughts now about their capability to lead India in this decade.
nope i was not joking ,the reality Indian retailers will have to face .... like the farmer suicide we will see retailer suicides in future
43 members were such such staunch opposer that they didn't even participated in the election, thereby helping the govt win.
CBI, or some other incentive?!
don't get the CBI thing, how did they helped the govt getting votes in house?
Members of SP and BSP, with respective strength of 22 and 21, did not participate in the voting as they walked out alleging that interests of farmers and small retailers had been ignored.
43 members were such such staunch opposer that they didn't even participated in the voting, thereby helping the govt win.
CBI, or some other incentive?!
IMHO, except for communist, no other party is opposing the FDI because of ideology, just immediate political gains.
Many of these changes, according to Chinese analysts, were made possible by the entry of foreign retail giants such as Walmart and Carrefour, who changed the way Chinese companies managed their businesses, from farm procurement to logistics. Yet, 20 years on, it is Chinese local retailers — and not their foreign competitors — who dominate the retail market, with initial fears of a foreign invasion ultimately appearing unfounded as local companies learned quickly to out-compete their foreign rivals.
The country's biggest retail firms today are all Chinese companies — the Shanghai Bailian group, Suning, Gome and Dashang — all have bigger sales than Walmart in China, according to several research studies.
Strange then, that China opened up full Retail FDI decades ago.
And interestingly enough, today China's retail market is entirely dominated by our own domestic companies.
From your own media:
The Hindu : Business / Economy : Chinese retailers give global giants run for money