5 ms·

I understand what you are saying, but I think it is not true. Being an Indian and having lived there for 30+ years, I can hardly list any major international br

I understand what you are saying, but I think it is not true. Being an Indian and having lived there for 30+ years, I can hardly list any major international brand in any industry which isn't selling something there. Also all the big international brands are also big Indian brands, most people do not even care that they are not Indian owned brands. So yes, huge amounts of foreign brands sell in India, but perhaps with local manufacturing or assembly. It is not a closed country at all. edit/bid/big

planetjones 11y ago
"We shall not entertain foreign direct investment in multibrand retail. There is no ambiguity or confusion on this. The same applies to e-commerce," the minister said in a news conference. http://www.wsj.com/articles/india-wont-allow-foreign-investment-in-supermarkets-online-retail-1410182468 http://www.wsj.com/articles/india-wont-allow-foreign-investm...
- sandGorgon 11y ago
  This has not to due with manufacturing, but around government protecting the small shops against Walmart. What you may not know is that Walmart is operating in India but as a partner with the Tata group. The same applies to insurance, lending and banking business. So the brands we have are Tata-Starbucs, Bharti-Axa, Birla-Sunlife, etc.