Giant Killer
A Walled-Off Mart?
Will Sonia's letter stymie FDI in retail or just inject caution?
- Wal-Marts will kill neighbourhood kirana stores with low-priced products and enhanced shopping experience
- Organised retail will lead to more direct and indirect job losses
- Government should re-look at its policy before allowing FDI in retail
- Organised retail, without safeguards, is not in public interest
...Not Necessarily
- Indian retailers—Big Bazaar, Reliance, Subhiksha—will more likely do so. Wal-Mart doesn’t sell fresh fruits or veggies.
- Few experts say it’ll create jobs; Wal-Mart has done it in some places
- There’s no need as FDI is banned in multi-brand stores like Wal-Mart
- It doesn’t matter as organised retail’s share won’t go over 5% in 5 years
I
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