7 replies to this topic

[DigitalSky]

Well I guess it was only a matter of time before the world's largest retailer came to India.  When I was in India last year, I remember the closest thing to Wal-Mart they had was Big Bazaar http://www.pantaloon.com/bigbazaar.htm

According to the article, "hundreds" of stores will be set up across the country, and Bharti Enterprises will team up with Wal-Mart.

Quote

"Wal-Mart was keen to get into India. I think they have chosen the right partner," said Mittal, whose group company Bharti Airtel Ltd. is the country's largest cellular phone service provider.

What my concern really is though, and what the article mentions, are the 12 million+ mom-and-pop shops that could be affected (where it is significant in most places that Wal-Mart has come for mom-and-pop shops to faulter).

Full Article: http://plainvanillas...cle.asp?ID=7094

[moonshield]

Won't it be better for the people though, to get consistent food and goods at low cost? I've heard the condition of most shops in India is quite poor.

It's funny that they will be teaming up with a cellular provider. haha

Edited by moonshield, 09 December 2006 - 11:57 PM.

[DigitalSky]

I guess.  But I don't know how much better the Wal-Mart stores would be.  We'll see.

[tamias6]

Well, the Mom and Pops in India had better get ready to kiss there little businesses good bye. Wal-Mart will do like they did in the US and crush all competition.

[Clobber]

My condolences.

[jdkacz]

This is unforunate, but India is such a rapidly growing country that who knows what the next 10 years will bring. However, with India containing such a history of its mom & pop stores, it may prove difficult for Wal-Mart to adapt. Perhaps they may struggle and give up like they have in Germany & South Korea.

[tamias6]

How much Bigger will Wally World get? I mean what goes up must come down.

[the99]

Walmart needs to be stopped, I think you have to break a mirror in the back or something