Walmart's Traditional Victims Become Its Allies in India
- Barred by retail restrictions, Walmart expands wholesale chain
- Firm competes with Amazon, Mukesh Ambani to win store owners
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Walmart Inc. is making friends in India with the kind of competitors that it spent decades putting out of business in the U.S. -- mom and pop stores.
These unlikely allies are part of the latest attempt by the Bentonville, Arkansas-based behemoth to crack the country’s giant consumer market, taking on e-commerce arch-rival Amazon.com Inc. and Asia’s richest man, Mukesh Ambani.