2
Haat To Wal-Mart LSCM-Article Summary Submitted by: M. Vamshi Krishna (11135) The author of the article Mrs. Vandana Shiva has shared her views against the retail giant Wal-Mart. the title of the article indicates the globalization of Indian retail scenario from haats to hypermarkets, Haat means a traditional weekly village market we usually see in our country every-where. author has mentioned about a PIL that was filed in the court in favor of public interest to un cover the facts regarding the entry of Wal-Mart in India with help of Bharathi enterprises .author has mentioned the few laws and sections of government and central laws which are being violated if the Wal-Mart enters India which got the support from the Indian government ,but the author has failed to elaborate the reasons for why Wal- Mart’s entry should be stopped, she says Wal-Mart like giants are a threat for Indian retailers and farmers but here arises a question, are Indian retail chain like reliance ,more ,big bazaar not threat for local small retailers and farmers? What is the difference between the local retail chains and Wal-Mart, the only difference would be it is a foreign company and these are local companies. i would strongly support Wal-Mart’s entry because Indian consumers will be benefited with the Wal-Mart’s low prices and it helps Indian economy as every purchase is billed and a portion of money is paid to government as tax, which helps huge amounts to GDP. the Indian retail sector is still un-organized and consumers are becoming the victims of high prices, un-predictable quality, minimum choices of products. Wal-Mart like company’s entry would bring discounted prices, high quality products and plenty of choices for consumers to select form number of products available. un-organized small retail is not contributing to our GDP which is a huge loss for our economy.in considering the argument that local small manufacturers and farmers will suffer, government should bring some regulations for the Wal-Mart to buy the local products/goods .with this kind of entry the retail sector becomes more competitive and organized with less prices and billed purchases. 

11135 LSCM Walmart Assignment

Embed Size (px)

DESCRIPTION

walmart in india

Citation preview

Haat To Wal-MartLSCM-Article Summary Submitted by: M. Vamshi Krishna (11135) The author of the article Mrs. Vandana Shiva has shared her views against the retail giant Wal-Mart. the title of the article indicates the globalization of Indian retail scenario from haats to hypermarkets, Haat means a traditional weekly village market we usually see in our country every-where. author has mentioned about a PIL that was filed in the court in favor of public interest to un cover the facts regarding the entry of Wal-Mart in India with help of Bharathi enterprises .author has mentioned the few laws and sections of government and central laws which are being violated if the Wal-Mart enters India which got the support from the Indian government ,but the author has failed to elaborate the reasons for why Wal-Marts entry should be stopped, she says Wal-Mart like giants are a threat for Indian retailers and farmers but here arises a question, are Indian retail chain like reliance ,more ,big bazaar not threat for local small retailers and farmers? What is the difference between the local retail chains and Wal-Mart, the only difference would be it is a foreign company and these are local companies. i would strongly support Wal-Marts entry because Indian consumers will be benefited with the Wal-Marts low prices and it helps Indian economy as every purchase is billed and a portion of money is paid to government as tax, which helps huge amounts to GDP. the Indian retail sector is still un-organized and consumers are becoming the victims of high prices, un-predictable quality, minimum choices of products. Wal-Mart like companys entry would bring discounted prices, high quality products and plenty of choices for consumers to select form number of products available. un-organized small retail is not contributing to our GDP which is a huge loss for our economy.in considering the argument that local small manufacturers and farmers will suffer, government should bring some regulations for the Wal-Mart to buy the local products/goods .with this kind of entry the retail sector becomes more competitive and organized with less prices and billed purchases.