December 27, 2011

FDI in retail

Just as Coffee days and Baristas could not wipe out the tea carts on
our streets, FDI should not throw kirana stores out of business. Not
everyday people go to coffedays but once in a while. Similarly, not
for everything will people go to walmart when setup in India. Going to
such a store will be a planned affair unlike going to a kirana store
to get a bag of sugar or spice, where one can just walk in pajamas
along with their pet dog.

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