Market Currents
With 1.2B consumers, a rising middle class and a market that could be worth $80B by 2021, India...
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Sunday, January 13, 8:00 AM ETWith 1.2B consumers, a rising middle class and a market that could be worth $80B by 2021, India is exceptionally enticing for foreign retailers. However, in addition to fierce local opposition, the likes of Wal-Mart (WMT) face massive obstacles such as an entrenched system of middlemen and dilapidated infrastructure, which causes $10B of the country's produce to spoil each year.
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This news story has 10 comments:
China is the future.
SEEMS appropriate but then Cn might implode first ...
The Indian's motto is "everyman for himself"!!
somebodys pockets need to be greased and lots of nobodies there who think they are somebodies...
Not so much in Beijing, but cost of living is so much more expensive. ...