But essentially, FDI in retail was never about the above brands, but about global multi-product retailers like Wal-Mart, Tesco, Albertsons and others; and the current move of the government in no way allows these mega-brands to enter India. According to S. V. Phene, VP, Corporate Planning, Westside, “Indian retailers are incomparable to foreign giants and don’t even stand a slight chance.”
For complete IIPM article click here
Source:- IIPM Editorial
For complete IIPM article click here
Source:- IIPM Editorial