Wednesday, April 14, 2010
Looking to Expand in India, Wal-Mart Goes to the Farm
Local regulations prohibit Wal-Mart from operating retail stores that sell directly to consumers in India, so Wal-Mart operates through a joint venture partner, Bharti. That hasn't stopped Wal-Mart from trying to establish a presence on the back end of the business, especially in farming, which is highly fragmented and inefficient in India. If Wal-Mart can revolutionize farming practices, then it will become well positioned to supply its own stores with critical produce and fruit supplies when it receives permission to do so. Not everyone in India is happy about the giant retailer's expansion.
Looking to Expand in India, Wal-Mart Goes to the Farm - NYTimes.com
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