Wal-Mart’s entry will change market dynamics

“This is a historical moment. This is a challenging moment. The market dynamics of the retail business is bound to change.”

Kishore Biyani, CEO Future Group and Managing Director, Pantaloon Retail India Ltd.

“There are no surprises. It is imminent that the likes of Wal-Mart, Carrefour and Tesco will make entry in India. Next five years will generate additional retail spend of $127 billion and (besides large players) there will be room for all including traditional kirana stores.”

Arvind Singhal, Chairman, KSA Technopak.
“Foreign retailers need Indian retailers more than the Indian retailers needing the foreign retailers.”

R. Subramanian, Managing Director, Subhiksha.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s