Passage to India

2009

In late May, Wal-Mart opens its first cash-and-carry store in India. Bharti Wal-Mart, the joint venture of the American retailer and India's Bharti Enterprises Bharti Enterprises, temporarily delays the launch after protests broke out in the northern state of Punjab where the first store is located. India's fragmented $350 billion retail sector is viewed as a huge opportunity by Wal-Mart and other global retailers.