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Friday, December 01, 2006

Comments

S B SELVAN

THIS IS A GOOD SIGN OF GROWTH OF INDIAN ECONOMY. RETAIL GIANTS LIKE WALMART WILL BOOST THE SUPPLIERS OF TEXTILE AND GROCERIES IN A LARGE WAY FOR THEIR COMPOSITE UNIT OF PRODUCTION TO CUT DOWN THE COST.
QUALITY STANDARDS WILL IMPROVE AND THOSE WHO PRODUCE WITH A CONTINUAL QUALITY CAN SERVIVE IN THIS COMPETITIVE MARKET. THIS HAS TO BE A WELCOME GIFT TO THE CONSUMERS.

alok singh

28th January 2007,New Delhi

What i feel about the whol hoglight being thrown about the arrival of giants like Wal mart & the others preceeding, is just a temporary phase of discomfort to the smaller players,specially the so called discount stores and category killers.They have to learn & understand that one day it'll be all the game for the survival of the fittest.
what the indian players need to do at this hour is to define their category & retail structure,very specifically,and then move on with their plans for each city,town and suburbs with their stores.If not, then they'll die slowly on their own.
We have to remember again that only the proactive will survive in this race.
So the message goes for the Indian players that"shape up or ship out." before you are killed in every category.

Response will be welcomed.....

Saahil Goel

There is no doubt about the fact that the entry of a Wal-Mart "type" store in the Indian retail segment will upset the economic environment. However, if they don't do it, someone else will - with all the factors described above - this kind of organized retail shopping is inevitable.

Its not a matter of who - just when.

Rajat Gupta (Glasgow)

There has been a significant pressure on indian government it seems to allow these type of FDI's. However one should not forget that india is country still consists of maximum number of unorganised retailers. This for some lower middle class is the only source of earning so as for some educated unemployed. The govt. needs to cautious that there should be a growth but india cannot afford a jobless growth for its giant population which will only bring social unrest in the society.

madmilker

I think Charles Fishman needs to red...oops! read...
http://retailnu.wordpress.com/2008/06/17/reliance-indias-wal-mart/

Donovan Roddy

I'm a US citizen leaving here in India with my wife until her visa is approved, I can't explain how much I miss shopping at stores like Walmart that have everything under one roof. The store mentioned above "HyperMart" is actually called Hypercity and is the closest thing you'll find to a Walmart in India but still lacks variety of food/items that Walmart has.

As for local Indian business being concerned with losing jobs, I'm sure that is the case but it's basic economics "new businesses create new jobs". Alok Singh's description fits best "indian players need to do at this hour is to define their category & retail structure,very specifically,and then move on with their plans for each city,town and suburbs with their stores.If not, then they'll die slowly on their own.
We have to remember again that only the proactive will survive in this race." and this is true for any business today, you need to think from a global perspective, the doors wide open these days.

Ravinder kumar verma

I am really happy to listen the news about the opening the walmart store in indian market. it will make the difference in the choice of the people and provide them better thing and save their money and give tham all the things of make happy life.
but it should give the phase wise permmision to them because it is very dangours for retailers of small sector and the compition of the market will destroy the indian local or small market and the farmer will be able to get boundation of the business,
i am agree but the governmnet should secure the small sector Firstly then give them permission.
it will sure increase the jobs in this sector but increase unemployment also through the small sector business man will be no more in 5-10 year period. like thailand the wal-mart close the market of local. and make the king of the market.

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