Monday, November 27, 2006
Wal-Mart to open retail stores in India
India has become a keen target for the global retail industry because of its increased income of their middle class and a heightened demand for name brand products. Even though government regulations avert foreign multi-product retail chains from conducting business there, Wal-Mart stores may soon be able to set up operations in India due to Wal-Mart constructing a deal that will link them up with a local company.
