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In the 10000 Crore Industry
by Prashant C Jain on Aug 24, 2007 02:12 PM   Permalink

Reliance or Walmart or nobody can create a problem. The Retail Industry is huge. Today we face a problem of wastage 30% of produce does not even reach the market. The produce is injected with various chemicals to get a better price, making vegetables and fruits poisonous in the long term. With more organised retail coming in, they will reach out to these poor people, educate them, make them competitive and we will get better quality. Inspite of this 90% Retail will remain unorganized and poor. People will have a choice to buy from wherever. WHY MAKE A FUSS over a 1000 shops of organised retail which will be only 10% of the industry in 5 years from now?

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The above message is part of the Discussion Board:
We don't need Reliance'