date:Apr 09, 2014
has no retail stores in India.
Wal-Mart's growth in India has been stunted by an internal bribery probe, uncertainty over regulations on foreign investment in the country, and in October, the severing of a partnership with New Delhi-based Bharti Enterprises aimed at opening retail stores.
Full foreign ownership of wholesale, or cash-and-carry, stores is allowed in India and has not generated any political opposition. Wal-Mart has been operating under the wholesale format in India since 2006.