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br /> Wal-Mart currently operates in India through the Bharti Wal-Mart, belonging to the conglomerate Bharti Enterprises. It operates through two wholesale stores under the Best Price Modern Wholesale banner. They also have around 150 Bharti Retail franchise-operated stores. Wal-Mart takes care of the support including logistics and sourcing for their

Bharti retail operations similarly, Tesco operates in India by providing back-end support for its local partners. Britain's Tesco Plc, already has a supply chain and retail technological partnership with the Tata Group, and they are busy fixing its struggling business in the home market (UK) before committing anything to India.

Due to the good local relationships both Wal-Mart and Tesco have benefited from local knowledge and know the Indian consumers. The French Carrefour, has entered the Indian market with its first wholly-owned cash-and-carry store under its own name that is located east of New Delhi at Shahdara neighbourhood

Carrefour is following the footsteps of Germany's Metro, which entered India in 2003-without a local partner using the solo route, however, the progress is slow.

Wal-Mart has stressed its willingness to partner with kirana stores in India as 'Kirana stores will continue to be in India for generations,' said Mr McMillon.

FDI in multi-brand retail is expected to start with minority participation, as was the case for the insurance sector, to help a large number of domestic retail organizations to grow on the back of FDI. Foreign retailers will continue to tread very carefully as they watch the political situation. The Economist Intelligence Unit Ltd July 27th 2011

According to Cushman & Wakefield India, multi brand retail chains are expected to focus during 2013 and decide once there is greater clarity on the guidelines.

There are a large number of domestic retailers, who are keen to tap new sources of funds that they need along with the expertise to build up their back-end supply chain and other logistics related operations. Although these investments have a long gestation period they would be having a positive impact on a retailer's profits. 'Allowing FDI in multi-brand retail could instill new life in expanding and by bringing in international best practices of organized retail' according to R.C. Agarwal, chairman and MD of Vishal Retail. Sinha, Vivek

As globalization intensified there was the emergence of retail multinationals - mostly food and general merchandise operators - for example Wal-Mart, IKEA, Carrefour, Tesco, etc (The McKinsey Quarterly, 2004; Currah and Wrigley, 2004; ATKEARNEY, 2005; Wrigley, Coe and Currah, 2005). This trend of internationalization has shifted its focus from developed countries to the developing emerging markets of East Asia, Latin America, Central and Eastern Europe (Wrigley, 2000; Alexander and Silva, 2002; Wrigley and Currah, 2005).

Globally the retail industry is one of the largest employers providing employment to around 11 per cent of the workforce in the UK and the US however in India although retail is the second largest employer after agriculture employing over 35 million people (Economic Survey, 2011) the share of retail in total employment in India is only around seven percent mainly due to the retail sector being in the traditional or unorganized sector where there is a huge incidence of d