WAL-MART E-Commerce Is Still Constrained By India Expansion Plan To Sail Again

Compared with traditional retailers' restrictions on foreign capital utilization, although India does not allow foreign capital to invest directly in B2C electricity supplier in the form of 100% shareholding, B2B has no such restriction.

In addition, although India prohibits international Internet retailers from selling goods directly to India consumers, it allows international Internet retailers to have wholly owned trading markets, and third party suppliers can sell goods on this platform.

According to India media reports, after nearly three years, WAL-MART, the world's largest retailer, opened second cities in India and 9 Best Price Modern Wholesale stores in 9 countries in India on Wednesday.

In 2007,

Bharti Enterprises, a group led by Sunil Mittal, set up a joint venture in India to manage the wholesale and retail business of Mittal.

Since then, WAL-MART's expansion has been stagnant because of its alleged violation of Foreign Corrupt Practices Act in Mexico, China, India and Brazil.

In 2012,

Allow foreign supermarket retailers to hold no more than 51% of their shares in India's operations.

However, due to the fact that some foreign investment provisions in India have not yet been adjusted, restrictions on procurement have become obstacles to WAL-MART's expansion plan.

However, in the wholesale sector, foreign capital can hold 100% wholesale business and there are no restrictions on the purchase of commodities.

Affected by this, WAL-MART ended in October 2013.

Cooperation, acquisition of joint venture Battie WAL-MART 50% stake, and decided to operate independently in India independent business mode.

As a result of this plan, the retailer launched WAL-MART India company, the newly established twenty-first store was the first entity store opened after the company was founded.

"We are committed to developing this business," said Krish Iyer, President and chief executive officer of WAL-MART India.

We plan to add 50 new stores to India in the next four to five years.

The opening of the twenty-first stores once again shows our expansion plan and the good prospects for India's wholesale market.

"

In addition to the physical store, WAL-MART also adopts B2B e-commerce mode in India to cater for the wholesale and retail business.

However, WAL-MART refused to answer questions about when to enter the supermarket retail business and when to sell B2C mode on the electronic business platform.