walmart india

By Vipin Agnihotri

Taking out figures from the Forbes list that appeared in August this year, The India Street has come up with the world’s 5 richest families. Point to be noted here is that since then, Mukesh and Anil Ambani’s wealth has grown exponentially, thanks to the boom in the Indian market.

By Vipin Agnihotri

No one is going to argue with the fact that India is inching up the scale in terms of the ease of doing business. In my opinion, it seems to be moving quicker as compared to countries like China but still India has miles to go before it can catch up.

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: