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Walmart India is “evaluating” new foreign direct investment (FDI) guidelines for the food retail space. This follows the government permitting 100 per cent FDI in the sector. Walmart India president/CEO Krish Iyer describes the government’s decision as a good…
US-retail giant Walmart is investing between $240m and $300m to bolster its presence in India by expanding its number of stores from 21 to 70 by 2020. “We have a cash-and-carry model, and the growth has been good for us,” Walmart India VP and head of…
“I haven’t seen such a behaviour in other South East Asian markets. While businesses in countries like Taiwan, Thailand and Philippineshave adopted e-commerce in a big way, there is a clear focus on bottomline. Money is being made on every transaction and…
