Wal-Mart’s (WMT) India Set-Back

Posted: June 20, 2007 at 4:33 am

Wal-Mart (WMT) has intended to enter the retail market in India with a partner, Bharti Group. Local law does not allow foreign companies to open large numbers of stores to compete with Indian retailers. Bharti was to be the front-end of the JV and Wal-Mart was to put in purchasing and supply-chain expertise. The world’s largest retailer woud, in essence, be Bhati’s wholesaler.

But, the deal has hit a snag.  Once India lifts restrictions on outside retailers, Wal-Mart want to be able to go it alone, opening its own stores.

Of course, Bharti is not that stupid.

Douglas A. McIntyre

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