Tag: Walmart
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Does India need FDI in Retail?
Government of India has approved for a 51 percent Foreign Direct Investment in Multi-Brand Retail. India had been open to FDI for single-brand-retail for a while, but the move for muti-brand-retail FDI is a crucial one. This means Supermarket chains like Walmart can open their shops in India. Government sees this move as a measure to…