Home / Knowledge / News / Apparel/Garments / Chief Executive Lee Scott wishes Wal-Mart entry in India

Chief Executive Lee Scott wishes Wal-Mart entry in India

29
Jun '05
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."


Must ReadView All

Pic: Shutterstock

Textiles | On 15th Oct 2021

UK, Italy announce new dialogue to boost exports, investment

UK international trade secretary Anne-Marie Trevelyan has announced...

Pic: Shutterstock

Textiles | On 15th Oct 2021

Bangladesh PM Hasina seeks Russian investment in jute sector

Stressing on expanding Bangladesh-Russia cooperation, Prime Minister...

Pic: Ungureanu Catalina Oana / Shutterstock.com

Textiles | On 14th Oct 2021

Los Angeles, Long Beach ports to open 24X7 to tackle shipping backlog

As container ships wait to dock in a traffic snarl, creating a strong ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Yawer Ali Shah,

Yawer Ali Shah

Synthetic colours and dyes were all the rage till the very first ban on...

Chendhuran Sundar,

Chendhuran Sundar

It manufactures and retails menswear garments in India under the brand...

Shambhu Nath Jha,

Shambhu Nath Jha

Leading research and consulting firm Fact.MR recently launched a report on ...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

 Natacha Defeche, Edana

Natacha Defeche
Edana

Since 1971, EDANA, the International association serving the nonwovens and ...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

<b>Ruma Devi i</b>s a jet-setting promoter of artisans who has empowered...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search