(Bloomberg) -- Ram Pukar doesn't need Wal-Mart Stores
Inc. to make him worry about his fate as a fruit salesman in a
New Delhi suburb. Homegrown stores owned by Reliance Industries
Ltd. have already cut his profit in half.
India's biggest company by market value is ``trying to drive
us out of business by offering cheap rates,'' said Pukar, who
sells mangoes and pomegranates from his cart a kilometer from
where a Reliance Fresh convenience store recently opened.
Read more at Bloomberg Exclusive News
Inc. to make him worry about his fate as a fruit salesman in a
New Delhi suburb. Homegrown stores owned by Reliance Industries
Ltd. have already cut his profit in half.
India's biggest company by market value is ``trying to drive
us out of business by offering cheap rates,'' said Pukar, who
sells mangoes and pomegranates from his cart a kilometer from
where a Reliance Fresh convenience store recently opened.
Read more at Bloomberg Exclusive News
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