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Podcast: What No One Is Telling You About FDI In Retail

It is not utopia. And it won't end life as we know it (Podcast produced in association with theindicast.com)
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Milton Oct 18, 2012
According to Mr Sriram, Indian retail is struggling because 'patient' capital is not forthcoming, cost of capital is too high, cost of doing business is very high, employment costs are too high, margins are too low... all these promoters have been around for more than 20 years... how many more years of 'patience' do they want from capital providers? It's the job of the promoter to keep operating and selling costs low. Employments costs can be lowered if you keep the C-suite salaries at realistic levels. So let's stop making excuses. If you can't perform, you will have to perish.
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