ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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A Process of Transforming Retail

Acquisition of Flipkart by Walmart

The recent acquisition of Flipkart by Walmart will accelerate the process of transforming the retail sector in two important ways. It will bring in the know-how and capital of a retail giant, and will give a boost to online retail. While this helps transform the retail sector in India with clear long-run benefits, definite job losses in informal retail and probable rises in food prices in rural markets due to sourcing by big retailers are the short-run problems. If the government ignores the short-run problems, the transformation may become politically infeasible.



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Updated On : 9th Jul, 2018

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