India??? Common theme, huh? - Sm Posted: May 19th, 2018 - 9:12 am
Wal-Mart takes tax savings to India. https://www.forbes.com/sites/panosmourdoukoutas/2018/05/09/walmarts-tax-windfall-will-create-more-minimum-wage-jobs-in-india/#2c67d7d44063
Still, Walmart’s acquisition of Flipkart makes a great deal of sense. It gives Walmart a foothold in India’s e-commerce market, which has the potential to be bigger than that of China’s, according to Porter Erisman, author of Six Billion Shoppers (New York: St. Martin’s Press, 2017).
Oh, wait, I'm just certain WM will do its manufacturing here and export goods to India. Right, Trumpeters? #MAGA ...not.
BTW, those MT jobs coming back, or are they part of the disposable income in India that WM is chasing?
LINK/URL: India??? Common theme, huh?
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