On July 22, 2010,
A Memorandum of Agreement (MoA) had been signed between the training and technical education department of the
Regarding this training, Sheila Dikshit, Chief Minister,
The Bharti Wal-Mart Training center that would run from the Veer Savarkar basic training center located on
On the occasion, Raj Jain, Head of Wal-Mart said that his company is interested to open up hundreds of new stores if the Indian government changes its FDI policy in the retail sector.
Currently, Wal-Mart operates under 50-50 joint venture with Bharti Enterprises and they have just two stores and looking for slow expansion in the region.
Under the current policy, Bharti Wal-Mart’s operation is limited to ‘cash and carry’ stores only and these stores are open to traders, not to ordinary customers. The government is afraid of backlash from the existing small retail companies that are currently running in