Wal-Mart Puts India Plan on Hold – NYTimes.com

Wal-Mart’s Asia chief executive, Scott Price, said this week that the new law’s regulations requiring foreign retailers to buy 30 percent of products from local small and medium-size businesses are the “critical stumbling block” to opening its trademark consumer stores.

via Wal-Mart Puts India Plan on Hold – NYTimes.com.

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