Monday, December 10, 2012

FDI

Retail giant American company coming to India by valmart way spent big bucks on lobbying for money to support the American senators is to raise, he is given the many other issues on the lobbying case company since year 2008 total nearly 125 million rupees [$ 25 million] to the u.s. Senate spent lobbying ahead of your valmart. related information in the document.

In the year 2012 to September 30 in the India foreign direct investment company [FDI] to discuss various issues, including 18 million rupees 10 crores. these only cost in July-September quarter. in the same quarter (14 September) in India, the Government has approved 51-brand retail FDI phisad. u.s. Senate valmartThe House of representative, US trade representative (USTR) and the u.s. State Department to keep his side in lobbying various departments and companies in America of agencies to keep your party is lobbying to. However, each quarter the u.s. Senate must pass its lobbying activities information.

Valmart says that some of the quarters 2009 since the year 2008 except for the constant lobbying to come India. 444 billion worldwide annual turnover of $ valmart. global level is 22 million the company's workforce. the way of coming to India as well as the company in the market here has begun preparation of India's retail market. $ 500 billion $ 1,000 billion by the year 2020 is more than estimated.