In India, the ruling Dr.Manmohan Singh’s Government is planning to allow “Foreign Direct Investments” /FDI- in the Indian Retail Sector.The Opposition Parties in India are not in favour of the Government’s move and the following is a List of Indian and Foreign Retailers looking for possible tie-ups, based on the Government of India’s Final Decision to be reached with the Consensus of the Opposition Parties:
- Big Bazaar and Pantaloons – in talks for tie-up with foreign retailers, including Carrefour.
- K. Raheja Group-promoted department store- chain – Shoppers Stop - open to a strategic partnership with global retailers,particularly in the food and grocery segment.
- Bharti Retail- is already in partnership with- Wal-Mart –running several “Cash and Carry Stores” in India - will move to multi-brand retail if government allows FDI in it.
- Trent-the retail arm of the Tata Group- in partnership with Tesco-planning to take forward their partnership to multi-brand retail stores.
- The Indian Farmers would get adequate price for their produce
- The Indian Consumers would get their day-to-day requirements in good quality at reasonable prices
- The Indian Local Retailers and their Employees at Metros will get alternate Business and Employment elsewhere or at the forthcoming 'FDI' Retailers.
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