WalMart coming here is not a boon to our Indian Retail. Its a bane.
Reasons:
1)Walmart being the biggest retail in the world has some kind of advantage in terms of price, logistics, etc which Indian retailers have to compete.
2)Walmart prices will be very less than that of Indian retailers, which will be only in the initial few months. After time passes its prices are sky rocketing.
3)It imports all American brands, from America, which Indians dont feel using them. For example it imports a tooth paste, its actual price is Rs.100.but initially it sells at a price of Rs.30 and make people habituate to it. After some time it hikes price. It happened in many countries where Walmart was already existing.
4)People addict to American brands that are completely artificial.
5)Small retailers are affected.
There are many retail chains coming to India and Walmart is one among them. Actully Indian companies like Reliance, TATAs, Birlas etc can give a very good product and service than Walmart in one or more senses.
I expect an Indian Retail should be profited than some other country's retailer.