Interviews
News Flash
Chief Executive Lee Scott wishes Wal-Mart entry in India
29 Jun '05
1 min read
The recent visit of Wal-Mart Chief Financial Officer John B Menzer turned the focus on India a hot destination for outsourcing textiles and apparels among other products.
Now comes the statement from Lee Scott, Chief Executive of world's largest retailer quoting in a media interview that though the country has specific rules on foreign direct investment, "but at some point [we would like to enter] India."
Acknowledging the buying power of the growing Indian middle class, he said it was "an exciting country with a growing middle class."
Now comes the statement from Lee Scott, Chief Executive of world's largest retailer quoting in a media interview that though the country has specific rules on foreign direct investment, "but at some point [we would like to enter] India."
Acknowledging the buying power of the growing Indian middle class, he said it was "an exciting country with a growing middle class."
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
