Walmart will be a speck in India's retail market: P Chidambaram

The world's largest retailer Walmart will be a 'speck' in India's market and its absence won't make a huge difference in the country, Finance Minister P Chidambaram has said.

"Walmart will be a speck in India's retail market. India's retail market is driven by millions of standalone stores. India's retail market has been strengthened by Indian retail chains. So why do we assume that Walmart will make a huge difference to India's retail market?" he told a news channel in an interview.

Source: Walmart will be a speck in India's retail market: P Chidambaram - The Economic Times

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