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  • Category: Chennai

    Don't you think we want WallMart in Chennai?

    Tamilnadu government decides not to let in MNC's into retail FDI sector business. 25 out of 51 cities are opposing to central government's order. Do you think this is a big blow for a big city like Chennai?

    Guys,

    Chennai is developing into a big world class city with many worldclass multiplexes and shopping malls (like EA). Why does the government say no to the central government's order on allowing MNC's into retail FDI sector?

    Is it because we are selling the same goods at a higher price and if we allow them, our own retail sector business will be lost? Wont it be nice to have shopping gaints Wallmart, Carrefour and Tesco in Chennai?

    Think about it!
  • #5517
    Why do we need Wallmart? Initially they will attract customers by giving cheap prices. Within 1 year all the local shops gets closed because it is not possible for them to compete with them. After that Wallmart kind of shops increase their prices because people dont have any other choices. Pepsi and Coca cola did the same tactics. Now have you remember anyone the local company?
    Central government allows 51% because of US and European Countries pressure.

    Priyamudan,
    Suresh Kumar R.
    Engal Vazhvum Engal Valamum Mangaadha Tamizh Endru Sangae Muzhanku

  • #5521
    hi suresh kumar,

    everytime this incident never happens! people are now becoming aware of all the current affairs better than past centuries. they can better handle such situations. if such malls start selling goods at higher prices, then people will do what is required (curb them from doing so right away!).

    plus you were telling about pepsi and coco cola. can you tell me a local drink which tastes like that??? i bet you can't - because there isn't any!

    people don't mind paying a bit extra for high quality goods!
    after all its quality that matters!!!


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