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Forbes reports that a series of nationwide protests are expected to take place in India next month, as small retailers there band together to demonstrate against the targeting of that country by major global businesses such as Wal-Mart and Carrefour. While there are strict regulations against international retailers setting up shop in India, companies such as Wal-Mart are embracing joint ventures with local businesses that allow them to get around the regulations.

“We will tell Wal-Mart and all other big Indian corporations like Reliance and Bharti to get out. They must not take away this business from small workers," said Rajendra Thacker, general secretary of the Mumbai Mahanagar Vyapari Seva Parishad or Save Mumbai Business Group.

According to the story, “The entry of large corporations into the retail sector has sparked protests in India where the estimated $280 billion market is dominated by more than 12 million mom-and-pop shops. Sales through company-owned big-box stores - also called organized retailing - currently account for less than 5 percent of the market.”
KC's View:
I don’t know nearly enough about the India economic or competitive climate to make an informed comment on this. I would only say that history suggests that globalization is a tough trend to resist, and that economic investment in India by major global retailers probably is inevitable.

In the end, the mom and pop shops will have to learn that “compete is a verb.” If they spend all of their time and effort trying to resist the tides of competition, then they may be ill prepared to actually fight back when these big players come to town. And ill prepared is the one thing they cannot afford to be.