Wal-Mart's suppliers shift base from China to India
23 May '05
4 min read
the largest retailer in the world with a turnover of $288bn, wal-mart plans to invest in india in a retail chain. the government's approval for the proposed investment is awaited as the retail sector is not open to foreign direct investment (fdi). once the us giant launches a chain here, sourcing from india for its overseas retail outlets is expected to increase further.
-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)")
