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India: Struggle with buying power & traditional ways-07Dec07

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Uploaded by on Dec 7, 2007

Multinational corporations are trying to take advantage of India's booming economy.

But it's sending small family-run shops out of business.

Nilanjan Chowdhury reports on a retail revolution that's causing much debate on the streets of Delhi.

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News & Politics

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Top Comments

  • What Dinesh Arora said is very true.

  • Globlization......so far it scares me...

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All Comments (9)

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  • Here's a thougt for indians......7/11!!!

  • "Profit is the begining and end of everything..."... obscene... but true... *sigh*

  • Globalization is a scam

  • the growth in india is from the fact that they violated IMF policies, the same US economic model imposed on latin america. if india begins to lose control of its capital and currency by opening it freely to foreign investment, the countries growth will end.

  • "this is not good for everyone"... thats a huge understatement. besides the high tech technical facilities, the vast majority of india's population is becoming increasingly impoverished. independent farmers are becoming bankrupt on a massive scale because of the loss of subsidies that are now going to the software companies. there is a rush to the slums of the cities because the government no longer gives out reasonably loans for agriculture.

  • everyone wants lead toys and fake seafood from china.

  • I like globalization : )

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