International Research journal of Management Science and Technology
ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST
**Need Help in Content editing, Data Analysis.
Adv For Editing Content
FDI AND E-COMMERCE IN INDIA
1 Author(s): RAMESH KUMAR
Vol - 4, Issue- 2 , Page(s) : 352 - 354 (2013 ) DOI : https://doi.org/10.32804/IRJMST
It's not the international online retailers alone such as Amazon and eBay which are pitching for foreign investment in the e-commerce sector. The largest brick-and-mortar retail chain of the world, Walmart, with $466 billion sales last year and more than 10,000 stores worldwide, has joined in to tell India that e-commerce is ready for foreign investment. Walmart Asia President and Chief Executive Scott Price is learnt to have written to Finance Minister P Chidambaram that "several other sectors stand poised for exponential growth and are ripe for foreign investment, and foremost among them is e-commerce".