Foreign investors eye India after Modi win

Shops such as Tesco and Walmart hope election of pro-business BJP will open up country’s retail sector.

Foreign companies hope the pro-business BJP party will open up India’s $230bn retail sector.

Foreign firms such as Tesco and Walmart are currently forbidden from operating in India. 

The entry of foreign coporations would not be welcomed by smaller traders, who fear they will lose their livelihood.

Al Jazeera’s Karishma Vyas reports from Mumbai.

Source: Al Jazeera