Indian opportunity appears to be opening up

It looks likes India’s rules against foreign direct investment in the retail sector will no longer be an impediment to Walmart’s expansion in the world’s second most populous country.

At least that is the impression given by media reports out of India on Friday where the nation’s parliament was said to approve a plan that would allow foreign companies to own majority positions in retail operations. To make sense of what is, or isn’t, going on in India and how it will impact Walmart’s ability to more vigorously pursue growth in the retail market, click on articles from the following media outlets; AP, Bloomberg and Reuters.