More competition lesser price. No black markets anymore. Imagine Prices of mobile call charges. More competetion phone call charges are coming down. More over quality with good service.
RE:Wall-Mart is more Welcomed!
by psycho on Apr 23, 2007 05:18 PM Permalink
competition should always be welcomed. nothing is permenent ,smaller shop owners should know that.
No such stores like WAL MART are needed because do we not have shops to cater to our needs, is it a very high technology without which life is difficult. I feel all such stores are also contibuting to GLOBAL WARMING, lets thing small towns,small set up to solve the Global warming issue and with IT,TELECOM & GOOD ROADS we can make it SMALL IS BEAUTIFUL. Therefore no big malls like WAL MART
1)SHOPPING MALLS KILLS ENTERPRENURSHIP. INDIA IS A COUNTRY WITH HUGE POPULATION WITH MAJORITY OF PEOPLE WITHOUT JOBS MOST OF THESE PEOPLE END UP DOING BUSINESS AND THESE BUSINESS ARE IN SMALL SCALE.THE ENTRY OF WALL MART WILL DISTROY THE BUSINESS OF MANY RETAILERS ACROSS INDIA WHICH WILL CREATE AN IMBALANCE AND JOBLESSNESS.
2)ALL MALLS ARE AIRCONDITIONED WITH THE NEED FOR POWER EVER INCREASING IN THE CITIES MANY PEOPLE WILL HAVE TO GO POWERLESSFOR MULTIPLE HOURS
3) THE THREAT OF TERRORISM IS ANOTHER MAJOR CONCERN IN MALLS PEOPLE GO IN EXPECTING MAJOR DISCOUNT.BUT DOES ANY ONE THINK HOW SOFT TARGET THESE MALLS ARE ESPECIALLY WITH TERRORISM IN CITIES MALLS WILL BE AGAIN A SOFT AND VULNARABLE TARGET.SO SCATTERED BUSINESSES ARE ALWAYS GOOD.
4)MALLS PROVIDE DISCOUNTS ONLY AT CERTAIN TIMES,PEOPLE SHOULD REMEMBER NO BUSINESS CAN RUN WITHOUT PROFITS.SO PEOPLE GETTING HUGE DISCOUNTS ARE ONLY A EYE WASH***ORGANISED EYE WASH.WISE MEN WILL COME TO KNOW ABOUT THIS QUICKLY
Licence to allow Wall Mart to operate in India depends how much of indian produced items wall mart uses, if it benifits Indian producer then only allow. Item wise or percentage wise to be judged. Wall Mart not be allowed as sales outlet of Chineese or Mexican product in India.
RE:Wall Mart should not be allowed in India
by ItsMe on Apr 23, 2007 04:15 PM Permalink
they should do the same thing to indian software companies which killed the local software companies due to low cost?
Are we lacking risk taking spirit or financial muscle to compete with them? If not why hue and cry.Anyone who can give benefit to consumers should be welcomed.
These scare tactics are beyond my comprehension. We are worried that entry of Walmart would affect small retailers half way across the world Americans are scared that Indians would take away all their jobs. How much truth there is behind these claims is difficult to quantify. But I believe that globalization can do a lot of good to everybody. Imagine what life would have been had we been still driving Fiat padmini or only MTNL phone lines. The point is that globalization helps competition to thrive and end users are the ultimate beneficiaries.
Besides, Reliance retail has pledged to make its retail stores a low cost destination and if Walmart does not follow that lead, they would have to pack and go.
For the last 50 years the government has done a lot of damage to the economy in the name of protection. Now we realize that socialism was not the best of the choices.
Let Wal Mart come and see how people adapt themselves to the new environment and I believe retail stores would find a way around this threat. By consolidation........perhaps......
RE:How real is this threat?
by KRISHNA PRASAD on Apr 23, 2007 04:01 PM Permalink
Mr.Ashutosh, please remember that MTNL and BSNL are still offering cheap services and also in rural areas where private operators do not go. also note the exorbitant and excess billing resorted and complaints from public in courts on PVT telecom operators. My experience with them is worst. They charge for calls not made and claim it as data usage though no usage take place. I have filed a case against Reliance Mobile in court now
RE:How real is this threat?
by psycho on Apr 23, 2007 05:21 PM Permalink
MTNL and BSNL r providing good servicing because competation has increased.they have to survive.
RE:RE:How real is this threat?
by ItsMe on Apr 23, 2007 04:18 PM Permalink
dont use their phones.... bsnl should have brought mobile network into india 10 years before the private players came. they put india behind by several years, same with DSL technology.
remember we had to maintain a ratio card for milk.
RE:How real is this threat?
by krishna tripathi on Apr 23, 2007 04:48 PM Permalink
you r right but dont u think that the reduction in call tariffs of bsnl and mtnl are bcoz of the presence of private operators? i think yes. wht do u say prasad?
RE:How real is this threat?
by Aashish on Apr 23, 2007 04:08 PM Permalink
Mr.Ashutosh how much you know about globalization I have studied almost 50% of worlds economy still working on them. Globalization in india was started by narshima roa now please tell it is almost 10 years now can you tell me are you getting goods cheaper than what you were getting 10 years back my dear friend cost of land commodities fruits vegitable all are shooting up what are you getting cheaper now is gizmos which are not manufactured in india (china) my dear friend so at micro level I can tell you this will be very bad to shop owners Our politician should think in india main Occupation was agriculture becoz we had all those resources but now we will have to purchase every thing from other countries becoz our small farmers are bankrupt by using fertizer from AMERICA which are landed as credit loan to farmers
RE:[object]
by psycho on Apr 23, 2007 05:26 PM Permalink
u bark a lot , we can't remain a agriculture economy forever. can u go for agriculture , no competation should always be welcomed. nothing is permanent,everything has to change. yaah , we r not getting any cheaper good any more , but we r getting more no of goods & better quality goods.
Whatever you can say against Wal Mart can be said with equal justification against other local players like Reliance. Those who are against Wal Mart are anti-American in their thinking and they only pay lip service to the interests of local farmers and traders.
There will be huge job losses in the unorganised sector when big retail chains start operating in India. That kind of massive shift in employment has to be anticipated and provided for.
You cannot stop or stall centralised sourcing of products in bulk, for a long time.
Those who are against large retail chains were also against computerization in banking a while ago. Technology can only be stalled for a while. It cannot be stopped. Wisdom consists in dealing with the after-effects of technological change and not in blindly opposing it.
RE:Let Wal Mart come let us pledge not buy from there.
by psycho on Apr 23, 2007 05:29 PM Permalink
let me see , how long u can persist with that. shopkeeper r also no less cunning people.these guys r responsible for higher inflation.
1) Wall Mart's entry will give more options to the buying public. For example, I may like to buy a Chinese Wrist Watch at around Rs.300/- instead of a Titan for Rs.3000/=
2) It might force existing Big Baazrs, Super Bazars, and other Malls to be better in quality, price, and services.
3) The middlemen might be reduced, as Wall Mart will get things direct from Manufacturers, which will help the people to get better quality products at better prices.
4) Indian manufacturers will have to be better in quality and price if they want their goods to be sold in Wall-Mart.
5) Our Retailers don't pay well and treat employees well, either. Therefore we may not have any grudge on this aspect too!
6) The author has quoted about Sri Lankans, and Bangaladesh Tea to be sold by Wall-Mart in India. If it is better in quality and price, than Indian made tea, there is no harm in buying them. This will, in the long run, force the Indian manufacturers also to improve quality and price.
Therefore I dont think there is any harm in welcoming Wall-Mart in India.
RE:WallMart's entry into India
by suvi michael on Apr 23, 2007 03:48 PM Permalink
Dear Friend, I have a colleague in my office who bought a chinese watch and it is now going in anti-clockwise direction
RE:WallMart's entry into India
by DrAnirvinna chivukula on Apr 23, 2007 04:26 PM Permalink
A good joke.I thought it might be on blink. I donot know how come people compare Rs 300 Good against Rs 3000
RE:WallMart's entry into India
by Shridhar Iyer on Apr 23, 2007 03:53 PM Permalink
Dear Suvi,
I brought some made in Chinese watches when I came from abroad. The average price is around 5 dollars, i.e. Rs.250/= All are doing well even after 1 year. You use them for a couple of years, and you can buy yet another latest model, whereas if you go to a Titan show room, the prices are intimidating. Your friends Chinese watch may be an exception!
RE:RE:WallMart's entry into India
by MarkandeswaraRao Gunnu on Apr 24, 2007 09:51 AM Permalink
Titanwalla make more money in your purchase. Probably his manufacturing cost too is Rs200/- only. He can replace and talk nicely and for 10 times.
RE:WallMart's entry into India
by kamal on Apr 23, 2007 03:57 PM Permalink
There is a possibility of India becoming Consumer market instead of Producer Market, which is not good for any country. They are good only when they source maximum goods from the domestic manufacturer/ market.
RE:WallMart's entry into India
by Shridhar Iyer on Apr 23, 2007 04:14 PM Permalink
Dear Kamal,
Some one will buy from you only if your products are good in quality, and price. Otherwise nobody will buy from you. Therefore our Indian manufacturers will be forced to improve quality and price, which is good for the country. We, as the consumers, will also get good quality 'made in India' goods, if not immediately, may be in the years to come.
Hi all, Just wanted to drag yr attention toward one small fact :
A Developed Country like Canada, who has alll the similarities with US, has only one Wall Mart Outlet.... They have not allowed Wall Mart to prosper there...
If u say, that Wall Mart didn't try there.. Then, It would be wrong...
So India, s developing courty has to consider all aspects before allowing Wall mart in India....
