Gujarat: Narendra Modi nods for Amul; avoids Walmart pattern

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Narendra Modi
Ahmedabad, Dec 13: Chief Minister of Gujarat, Narendra Modi told a visiting delegation of American Chamber of Commerce and Industry of India that the state would follow Amul's pattern and avoid Walmart's pattern.

"Amul pattern has been successful in the organised retail. Gujarat will adhere to it and avoid Walmart's pattern," Modi said while explaining state's stand on the organised retail to the delegation here.

Modi had opposed to the government's decision to allow FDI in retail and said that he also believed what others in the party had to say on the issue.

The Centre which had earlier allowed 51 percent foreign investment in the retail market, making way for big brands like WalMart, Tesco and Carrefour to open mega stores in cities, later dropped the idea following opposition from political parties last week.

A 33-member ACCII delegation, headed by Atul Singh, President, ACCII requested Modi to explore business opportunities in the state.

A plan in accordance with the state government and ACCII will come up soon, said an official statement.

Modi also talked about India becoming self dependent in the defence equipment manufacturing sphere and also chalked out strategies in setting up projects in maritime security.

OneIndia News

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