India and Wal-Mart Essay

1424 Words Dec 11th, 2012 6 Pages
Wal-Mart Stores is an irresistible retail shopping force in the world we live in today. Majority of our fellow Americans have shopped at the nation’s number one retailer one time or another due to their catchy motto, “Save Money. Live Better.” or “Every Day Low Prices.”. It is also the number one retailer in Canada and Mexico. Today, the company employs 2.2 million associates worldwide and serves 200 million customers each week at more than 10,000 stores in 27 countries. One of those recently added countries being India. India is the second largest country with a population of over 1.2 billion people. The country thrives off of small businesses headed by poor families trying to make a living and to support their families. In the …show more content…
Even though the British were harsh in their ruling; they brought many positive influences into the country. The British established an efficient railway system, a criminal vindication system, eradicating the caste system, and their constant attempt to bring about equality. The promise of wealth continues to entice Indians from the poor classes to desperate measures of leaving the country. Media has broadcasted to Indians what First World Countries are like. This makes them realize what kind of economic crisis they are in. They then believe that they could be living better if they left their family, friends and everything that is familiar to them in order to start a new life in a new, harsh, foreign country. “The cold truth is that while the rest of the world takes and celebrates its rich food, India is being overridden with the fast food ‘junk’ industry. While we celebrate its rich cultural heritage, India is yearning for Western retail capitalism.” This is where Wal-Mart Stores makes it big debut. In 2010 Bharti Wal-Mart opened its first store in India. Bharti Wal-Mart is a 50-50 joint venture between Bharti Enterprises and Wal-Mart Stores Inc. As of 2012, India has a total of 18 of these wholesale stores with the promise of more in the coming months. Raj Jain, president, managing director and CEO of Bharti Wal-Mart

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