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.


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