Wal-Mart enters India
Though many people are enthusiastic about this, I am very sure that the Walmart Guys are going to get the shock of their life in Tamil Nadu.
May be Walmart(http://en.wikipedia.org/wiki/Wal-mart) can capture some market in Mumbai and Chandigarh, but in Tamil Nadu, the company is going to be another Enron (http://en.wikipedia.org/wiki/Enron)
The Retail Market in Tamil Nadu is very complex and Walmart cannot enter here as easily as they hope.
There is one small difference between Tamilians and Americans
Americans will buy milk, grocery with cash and house and car on loan
Tamilians will buy milk, grocery with loan and house and car with Cash !!!!
Wait and watch
Update :
They seem to be struggling in almost all countries other than America. With such a trend, I am at loss to understand as to how they venture into India. Common Guys, Your market survey of Delhi and Pune reflects less than 3 % of Indian Population. As per Wikipedia
Wal-Mart has struggled in other foreign markets. For example, in Germany, Wal-Mart had captured just 2% of German food sales following its entry into the market in 1997 and had remained "a secondary player" compared to competitor Aldi which boasts 19% share of the German market.[32] In July 2006, Wal-Mart announced its withdrawal of operations from Germany because of sustained losses. Wal-Mart's stores are to be sold to German company METRO AG[22] In China, Wal-Mart is "a small fish" as its strategy of "everyday low prices" has not been successful against "Chinese mom-and-pop shops that are used to cutthroat pricing."[33] In May 2006, Wal-Mart withdrew from the South Korean market when it agreed to sell all 16 of its South Korean outlets to Shinsegae, a local retailer, for $882 million who are as of late 2006 re-branding the country's Wal-Marts as E-mart. Wal-Mart had originally entered the South Korea market in 1998.[34] In the United Kingdom, Wal-Mart's Asda subsidiary is the second largest chain in the UK after Tesco.[35] Specifically, ASDA is a distant second to Tesco in the UK grocery market, and as of 2006 the gap is widening, based on market share figures published by TNS Superpanel.








