Two years ago the Wal-Mart corporation began a retail attempt in India. They began providing ideas for agricultural innovations to improve efficiency to small farmers that would eventually be able to sell their products to the large distributor. There are many in the country however that are against the presence of such a large corporation in their country, mainly because of the threat to all the small businesses. There is a ban in India however, on foreign-owned retail chains, so in order to operate Wal-Mart paired with an Indian conglomerate, both together are referenced as Bharti Wal-Mart. As of right now there is discussion about India changing the present restrictions on foreign-owned retail chain operation to aid in the rising prices of food. Some think however if this is lifted, the Wal-Mart will raise their low prices once they overpower all small businesses.
http://www.nytimes.com/2010/04/13/business/global/13walmart.html
By: Becca Sage
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