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Some Retailers Not Afraid Of Wal-mart

Posted by: Abhijeet Chavan

6 December 2005 - 10:00am

As the world's largest retailer plans to enter the world's fourth-largest retail market, some Indian businesses believe they know something Wal-mart doesn't.

Buoyed by its success in China, Wal-Mart is now hot on India, the world's fourth-largest retail market...the government is keen to open up the sector in phases, and the first phase might be any time soon. When that happens, not just Wal-Mart but other chains like Carrefour, Tesco and Home Depot will in all probability make a beeline for India's cash-and-carry...

If the international Wal-Mart format is anything to go by, it will expect you to drive 15-20 km out of the city on indifferent, traffic-dense roads to pick up your daily needs..."

Full Story: Who's Afraid Of Wal-Mart
Source: Rediff, December 5, 2005
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