Flipkart-Walmart deal: We need a level playing field, say retailers

Walmart-Flipkart deal proves again that govt has not opened its eye fully, says Kumar Rajagopalan

While on the one side the government is allowing marketplace companies like Flipkart to access foreign capital, on the other hand, it is not allowing the Indian retailers to access foreign capital to grow better. This is pointing towards lack of a level playing field and it does not make any difference whether Tiger Global owns Flipkart or Walmart has it, alleges Retailers Association of India (RAI)

Kumar Rajagopalan, CEO, RAI said that the Flipkart-Walmart deal doesn’t make any big difference or impact on the country’s Retail industry as the ownership is getting changed only. The damage is being done