Walmart

By Vipin Agnihotri

No one is going to argue with the fact that India is on the threshold of a retail revolution. In my opinion, in few portions India has already traversed some way down that path. But there are some portions, such as allowing foreign direct investment in the retail sector that India needs some more work. Agri-retailing in India also need a lot of work.

By Vipin Agnihotri

While the Bharti group is mostly in the media at present for its Wal-Mart tie up and its stand on spectrum allocation in telecom, few realize that FieldFresh, which is a relatively obscure Bharti venture, could prove to be a vital component in the group’s diversification.

Today a reliable source has given me the first look at the first Bharti-Walmart store in India. The source informed me that the under construction building is next to the Globus mega-mall is the first Walmart. Due to the sensitive issues we and others have discussed with Reliance Fresh, it makes sense Walmart wants to remain low profile as they enter India. Below we have a satellite image of the location of the first Walmart in India:

By Vipin Agnihotri

Lucknow, India: There is no doubt that retail is the next big thing in India as retail shops are doing a brilliant business at present. Lots of Indians believe that the retail shops are a good idea as they provide goods at a discount. After all, why pay more when you get it for less at the retail shops?