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Article

10 Oct 2007

Author:
Deutsche Presse-Agentur

Thousands in India protest foreign investment in retail sector

Thousands of traders, farmers, hawkers and shopkeepers gathered in India's financial capital of Mumbai on Wednesday to protest against the entry of foreign multinationals and domestic corporate groups in the country's retail sector. An estimated 20,000 people converged at the Azad Maidan Grounds for the biggest-ever protest in the country against large Indian retailers like Reliance and Bharti and foreign giants like Wal-Mart Stores, whose plans protestors said would destroy millions of livelihoods...'It is sheer injustice as tens of thousands of small traders and farmers will be left without work...' a farmer told the NDTV network. [also refers to Metro, Tesco, Carrefour]