10-05-2005, 08:26 PM
I read and heard that there is a planned move, to
allow foreign companies to tap into the potentially
huge retail market in india.
i want to ask, why doesnt the indian government do
the needful itself?
If the market is as huge as experts predict it is,
then why doesnt GOI start public sector companies of
the nature of O.N.G.C.s and BHEL's and harness the
market itself?? That way the profits can remain in
India.
If the GOI finds it difficult to raise the kind of
cash needed to be able to take the plunge single
handedly, then at the very least, it should try and
set up joint ventures wih foreign companies a-la
MARUTI-SUZUKI.
That way too, we can salvage some of the profit and
keep it in our country instead of watching MNC's come
here and make a mad loot out of INDIA, the way the
Pepsi's and the McDonalds do.
It would be a shame if such a big market was left
unexplored, and the entire future retail pie of India
got carved up by alien MNC's.
Another possible option would be to team up with some
of the bigger Indian companies, like the Tatas,
Birlas, Ambanies, Sahara's and Goenkas (the last
already have some sort of a retail chain goiing) who
could very well be interested and would be able to
afford to chip in.
The end result of both the two latter alternatives,
which try to prevent MNC's to carve it all up, is
that- India stands to have a few home grown giant
companies this way.
Else Dadabhai Naoroji's famous "Drain Theory" will
again be vindicated, and the money of the common
Indian man will end of filling pockets in foreign
shores.
I hope and trust that you will try to explore this
possibility and please take the trouble of contacting
the people who have a say in these matters.
We can ill afford to let such a huge chance go by -
afterall we didn't allow foreign companies to tap into
our Air traffic market or Petroleum market. Why then,
should we allow a complete "Coca-colonization" of our
(potentilly HUGE) retail market?
-----------------------------------------------------------------------------------------------
thats was a retouched version of a mail i had sent to FICCI.
what do you all think of the idea???
and do you think we could get a petition-online or something to make ourselves heard ?? do you have other options ??
oh yes... hi everyone.
allow foreign companies to tap into the potentially
huge retail market in india.
i want to ask, why doesnt the indian government do
the needful itself?
If the market is as huge as experts predict it is,
then why doesnt GOI start public sector companies of
the nature of O.N.G.C.s and BHEL's and harness the
market itself?? That way the profits can remain in
India.
If the GOI finds it difficult to raise the kind of
cash needed to be able to take the plunge single
handedly, then at the very least, it should try and
set up joint ventures wih foreign companies a-la
MARUTI-SUZUKI.
That way too, we can salvage some of the profit and
keep it in our country instead of watching MNC's come
here and make a mad loot out of INDIA, the way the
Pepsi's and the McDonalds do.
It would be a shame if such a big market was left
unexplored, and the entire future retail pie of India
got carved up by alien MNC's.
Another possible option would be to team up with some
of the bigger Indian companies, like the Tatas,
Birlas, Ambanies, Sahara's and Goenkas (the last
already have some sort of a retail chain goiing) who
could very well be interested and would be able to
afford to chip in.
The end result of both the two latter alternatives,
which try to prevent MNC's to carve it all up, is
that- India stands to have a few home grown giant
companies this way.
Else Dadabhai Naoroji's famous "Drain Theory" will
again be vindicated, and the money of the common
Indian man will end of filling pockets in foreign
shores.
I hope and trust that you will try to explore this
possibility and please take the trouble of contacting
the people who have a say in these matters.
We can ill afford to let such a huge chance go by -
afterall we didn't allow foreign companies to tap into
our Air traffic market or Petroleum market. Why then,
should we allow a complete "Coca-colonization" of our
(potentilly HUGE) retail market?
-----------------------------------------------------------------------------------------------
thats was a retouched version of a mail i had sent to FICCI.
what do you all think of the idea???
and do you think we could get a petition-online or something to make ourselves heard ?? do you have other options ??
oh yes... hi everyone.