Joke Collection Website - Joke collection - With such a large population and the seventh largest economy in the world, why are there no large supermarkets in India?
With such a large population and the seventh largest economy in the world, why are there no large supermarkets in India?
Online legends about India are always some "incredible" behaviors. There are true and false legends, many of which are jokes of China people after dinner. For example, Indians respect cows, such as unique eating habits, such as the legend that people hang on trains. But because of its "incredible", India has become a unique destination to attract tourists from all over the world to travel and explore. In addition, India has many world cultural heritages, which makes it a very developed country in tourism. However, the most incredible thing is that there are few large supermarkets in a country with such a huge population and such a huge tourism industry.
As a member of the WTO, India is relatively open in other aspects, but it has adopted a relatively closed strategy for the retail industry, and almost no foreign retailers are allowed to invest and open stores in India. India's policy is to protect local retailers, but it also makes local retailers growing up in greenhouses lack competitiveness. The daily shopping experience of foreign tourists in India is also very bad.
Throughout India, retail trade is dominated by small shops. Even in the capital New Delhi, there are few large supermarkets. As many visitors to India have seen, hawker stalls have covered the whole shopping chain. Only a few supermarket chains are located in large shopping centers, which are considered as one of the most luxurious shopping places. No real supermarket can survive in India.
Carrefour, the world's retail giant, is the forerunner of hypermarkets and has strong competitiveness in all countries. Once in a monopoly position in many countries, it will deter other supermarket chain brands. There are no large supermarket chains, because the streets are crowded and narrow, and there is no unified retail store. It is hard to think that India today is a modern country, despite its rapid economic development.
However, in recent years, India is also trying to relax the restrictions on foreign investment in Indian retail industry. Indian enterprises are also expected to learn from the business philosophy and business model of foreign-funded enterprises and develop their own supermarket chains. Without supermarkets, Indians will not feel any obstacles in their lives. However, once supermarkets are established nationwide in the future, some changes will take place in India's social environment and it will not be as chaotic as it is today. However, the development of supermarkets in India seems to have a long way to go.
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