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Posted by: sandy on 2007-04-17, 20:27:29
Wal-mart is entering Indian market by taking advantage of the trade policies (India cleared the way for FDI inflow into reatil sector to a ceratin percentage). How-ever it is forming a joint venture with Bharati (A telecom major in India whose Brand is Airtel). From this you can see that wal-mart is in search of fast developing markets. It is politically lobying to get entery nto that nations where the law of the land prohibits it. It is also evident that wal-mart isnt stepping in just like that but foriming join-venture to test the waters. |
