• Wal-Mart is petitioning the Indian government to allow it to open a Sam’s Club there, on the grounds that if Metro – a German company – can open a new cash and carry store there, Wal-Mart ought to be given the same permission.
Published reports say that there is no clear reason why metro was granted permission and Wal-Mart wasn’t, except that Indian rules governing foreign investment are neither specific nor sophisticated.
Published reports say that there is no clear reason why metro was granted permission and Wal-Mart wasn’t, except that Indian rules governing foreign investment are neither specific nor sophisticated.
- KC's View:
