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.
