Wal-Mart is cancelling its plans for retail stores in India, a setback triggered by the Indian government’s regulatory morass that discourages foreign investment and unfortunately harms India’s poorest people. The retailer giant once aspiredto become India’s top retailer by 2015, a goal that became untenable as it became clear that Byzantine […]
See original post: India’s Bureaucratic Nightmare Kills Wal-Mart Retail That Could Benefit Millions in Poverty