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  • Tuesday, 24 November 2009
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Left-Wing Activists Protest Planned Entry of Wal-Mart Into Indian Market

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A group of Indian left wing activists has protested the planned entry of U.S. retailer Wal-Mart into India's retail market.

About 100 demonstrators rallied outside Indian government offices in the capital, New Delhi, Thursday demanding Wal-Mart stay out of the country.

The world's largest retailer is planning to set up a chain of stores in India as part of a joint venture with India's Bharti Retail.

Wal-Mart's vice chairman, Michael Duke, visited shopping malls in Mumbai today to learn more about the Indian retail sector. He is to have talks on the joint venture with Bharti officials in New Delhi Friday.

India's retail industry is dominated by small shopkeepers who fear that the entry of large retailers could put many of them out of business.

Some information for this report was provided by AFP, AP and Reuters.