High-cost realty may trip Wal-Mart in India
Fp Staff • 12 years agoEven though Bharti Wal-Mart plans on rolling out its first Indian retail store in 12-18 months, the availability and cost of real estate in India, especially in the metros, is very high and could prove to be a challenge for the low-price retailer.
Kiranas will survive despite retail FDI. Here's why
Fp Archives • 12 years agoKiranas are in every nook and cranny of densely populated neighbourhoods, whereas domestic supermarkets are mostly found in shopping malls. With land at a premium, foreign supermarkets will likely have to set up shop outside the main cities.