date:Oct 10, 2013
supply chain, it needs a new partner to set up supermarkets.
Although the South Asian nation allows foreign retailers to fully own wholesale operations, they are required to tie up with local firms to start retail stores.
Wal-Mart, based in Bentonville, Arkansas, has no retail operations currently in India. The existing joint venture operates cash-and-carry stores that are similar to Costco Wholesale Corp outlets, allowing entry only to registered members that include restaurants and local ret