Monday, April 21, 2008
Group Collaboration
For our group research report, we are going to target Mumbai, India. This would be a good city because it is starting to become developed. Since the middle class is becoming larger, consumption is on the rise. India is supposed to have the 5th largest economy in the world by 2025. Moreover, competition is not very intense yet, but it will continue to grow. Recently, Wal-mart was introduced in India, but overall, establishing a retail business will not be as difficult. Also, the government in India is starting to change their policies in order to allow direct foreign investment. This will make it easier to establish a business. The only problem would be dealing with the taxes.
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