All Made in China cheap products are made for foreign company products in china because of FDI in China.Because of FDI millions of Jobs created in China and now china has only 50 -100 million poor left.
iam a meat supplier to metro Bangalore this fdis will collect vendercode fees from the supplier around 10000 indian rupees 10% as shortage thier aim is to sell to the coustmer at below the market price they will squeez the supplier and farmers out of the shortage the charge the actual shortage is 1% but 9% is their 4% is expencess of salries and wages 5% is their profit and this profit they will take back to their countries will our Indian prime minister or our foreign minister know about this or they have received kick backs from this companies the sufferer is the ultimate supplier i am suffering a loss of 96000 rupees in 2 months excluding the deposit which is non refundable will the prime minister know about this or our beloved finance minister or corporate minister know about this problems do fdi on conditions first purchase the metirals in market price from the suppliers or farmers in India with no shortages and no vendor codes charges and make payment on weighment on the spot
iam a supplier at metro Bangalore i use to supply meat carcass first they will ask for vendor code registration fees some where around 10000 i have paid when i paid 10000 they started shortages for 10% if i supply 100kgs i will get only 90% of my amount where as i can sell the same quantity in my store 1% shortage what about 9% this will happen with all suppliers when suppliers are unhappy how can an fdi in retail will sell at less then the market value they will squeeze the supplier and put the cost on supplier and collect all from the supplier and then give at cheap rates to the customer will the prime minister know about this or he has taken huge kick backs to allow the fdi in retailor the fdi s will bring the forigen met rial to sell in India no and newer they will collect from the Indian supplier & sell it to Indian customer and pocket the profit to their country before independence era
First let the small kirana store wallas learn to change their ways of behaviour from rude and brutish to the refined and polished one, with their customers.They would be naturally in a position to take head on any retailer with a massive FDI back-up.
Re: Behaviour Pattern
by brookie on Sep 28, 2012 08:02 PM
some of you don't mind royally screweed by Walmart but cry over giving few rupees to fellow Indians as if you are doing philonthropy
The common man doesnt understand one thing that retail malls requires huge space and the premium is high. Pantaloon, Reliance fresh had to close some retail because the cost was prohibitive. If the ambanis birlas tatas etc are not interested in helping in storing and preserve food then how do we expect foreigners to do it. Kiranas will always survive
Re: no one need fear FDI in retail
by brookie on Sep 28, 2012 08:04 PM
What briny crastos shall understand is Walmarts biz model is to sustain losses even for 10years to predate local markets. They have such deeper pockets which even Reliance wont have
Even a Smallest Walmarts store requires minimum 100,000 sq ft to over 150,000 sq. ft of space and 3000 - 5000 Employes. Such big space only avilable outside the city so small MOM and POP shops inside the city has no need worry.
Re: Even a Smallest Walmarts store requires minimum 100,000 sq ft
by Mr Infinity on Sep 28, 2012 02:35 PM
Well, these guys know it. They just don't want to accept it. I don't know what is the reason behind. Whether they have become like that due to inferiority complex or scams we saw till now or they are just reluctant like our older generations were to every new thing.
I mean they don't even want to listen the details of what exactly it is. They just want to oppose it. And then after some time same guys will start talking about unemployment, high costs of goods, bad infrastructure etc.
Re: Re: Even a Smallest Walmarts store requires minimum 100,000 s
by aurigo auri on Sep 28, 2012 03:18 PM
hey infinity , the current movement in USA is break the chain , ie break the chain store and get local , why are u thinking wallmart will solve our problem . please grow up and understand how US economy is collapsing
Re: Re: Re: Even a Smallest Walmarts store requires minimum 100,0
by Mr Infinity on Sep 28, 2012 03:29 PM
I never said Walmart or Tisco will solve the problem. Did I (check all my comments here)? I said they won't be able to kill local markets.
And don't give me examples of those so called movements you think are big in USA. Everything looks the way you want when you are on this side of fence. (I have been to US for 2 years and UK for an year for your information)
My stand is clear, let them in. Let them invest if they want. No matter how big they are they would not be able to penetrate Indian unorganized micro-retail sector. They will be limited to big cities with limited success.
But as it's compulsory for them to invest 50% in infra and buy 30% from local businesses it will increase the demand for local business and will add little amount of funds to infra as well.
After that even if they fail who cares? :) They can't take those storage plants back to US or Europe with them do they? That's a pure business minded approach.
And for that all grow up thing. You should know when that starts in discussion, the moment you start losing your points to defend. :)
