22nd Feb 2007
India doesn’t want Wal-Mart
Can you blame them?
Wal-Mart vice-chairman Michael Duke is in Mumbai for talks with Bharti bosses and government representatives. Wal-Mart and Bharti are planning a joint venture for cash-and-carry.
A statement from Wal-Mart says Mr Duke is visiting India “to learn more about the market first-hand and to further explore the wholesale cash-and-carry business”.
good for them