With 1.2B consumers, a rising middle class and a market that could be worth $80B by 2021, India...

|By:, SA News Editor

With 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.