India stuck between a Walmart and a hard place
India has strict rules for big international retailers: 30 percent of the merchandise sold at big box stores has to be purchased in India. But does this rule hamper foreign companies from investing in India? Walmart, among others, is reportedly telling officials in India it can’t meet those buy local rules.
The BBC’s Rahul Tandon joins Marketplace Morning Report host David Brancaccio from Calcutta to discuss.
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