Discussion:
Review the video on recent and controversial foreign direct investment (FDI) changes in India's retail industry: Protests Across India Over Supermarket Competition.
Then, briefly research the international operations of Wal-Mart and Carrefour, particularly the burgeoning opportunities for the multi-brand retail segment in the Indian foreign market. The two articles in Module Resources may be helpful in addition to your own research.
What are the early-mover advantages these rivals sought in India? Do either of the two firms have the "overwhelming" resources to overcome India's liability of foreignness and institutional differences and seize the advantage?