WALMART

There is today great opposition to the opening of Walmart chain of retail outlets in India. It is opposed in the name of retailers , forgetting the fact that the individual small retailers are a vanishing tribe. Who goes to small retailing today in Kerala . It is those who are unskilled and unschooled. Only persons who cannot land in a job turn to small retail trade . It will take decades to eliminate such individual retailer even if the department store culture grows at a fast rate . There is therefore no danger to small retailers by the entry of Wallmart . On the other hand India can benefit from the move. The Wall Mart chain will link Indian products to the world chain and more of Indian products will be sold in US than US products in India. The cold chain that Walmart will establish will do away with decay of vegetables , fruits , fish etc and make retail prices decline with out affecting prices received by the farmers. The Walmart example will inspire the formation of Indian Walmarts. Eventually Indian chain stores will start operating abroad benefiting farm prices in India.


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