Pointing out that the investment climate remained favourable, the minister said global CEOs, including Wal-Mart chairman S Robert Walton and Pepsico CEO Indra Nooyi, had expressed satisfaction with India’s policies on investment. "In fact, Mr Walton told me that Wal-Mart was planning to open 40 new stores in India" he said. He added that, if required, the government will not hesitate in giving support to sectors that needed it.
Full Article at Economic Times