Tuesday, June 07, 2005

FDI in Retail - Of East India Company

Coat of Arms of the East India Company, sometimes also known as the "John Company"

Logo of the largest retailer in the World

By a pure coincidence, the name of the President and CEO of Wal-mart's International Operations is John Menzer.

Wal-mart is knocking at the doors intending to set up shop in India, as East India Company, the other 'John Company' did, over 375 years ago.

There, the similarity seems to end.... or begin......

The Dream Merchants are here again.

Wal-mart News



At October 18, 2005, Anonymous Anonymous said...

I think we need to grow out of this east india company syndrome....If we need to become an economic powe we will have to open up.
We will never be able to creat large companies lik America or Japan cause we have miss the bus we were too busy looking inwards with leaders who had no economic vison.


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