date:Apr 10, 2014
ere. Last year, the American firm decided to part ways with its joint venture partner Bharti Retail over issues pertaining to clarity in policy and business operations.
Wal-Mart currently has 20 Indian wholesale outlets. They sell goods to small shopkeepers, who dominate the nation's $500 billion retail market, rather than directly to consumers. Wal-Mart has no retail stores in India.
We will continue to focus on the cash and carry format as we are very happy with the way it has shaped up in t