Globalisation of retailing is the order of the day after the GATS. Retailing has become a green pasture bearing a vast amount of untapped market potential which is eyed by the new as well as existing entrepreneurs. The Govt. of India has been taking strategic measures to open up this key sector which was hitherto dominated mostly by the 'mom-and-pop' stores or Kiranas. The MNCs like Walmart are in the process of making strategic tie-ups with domestic companies to ...
