It's forecasted that Wal-Mart's direct and indirect imports from India will increase to over a billion dollars in 2005:
It is $1.2 billion worth of home textiles, apparel, fine jewellery and housewares from Indian factories and suppliers during 2005, for world top retail giant Wal-Mart.Last year the company sourcing from India stood stood at $300 million. All of it was directly sourced from factories and suppliers for Wal-Mart�s retail stores globally, inform a company statement.
Posted by Kevin on January, 31 2005 at 12:02 PM
