The Confederation of All Bharat Traders (CAIT), a national federation of tiny traders and businessmen, has referred to as a India Trade on Sept twenty eight to protest the Walmart-Flipkart deal and FDI in retail. The association claimed six large integer affiliate retailers and institutions can down shutters.
A section of Mumbai’s traders complaining the plastic ban in June-July had conjointly expressed apprehension over international retail chains cornering the lion’s share of the market. “Even because the Walmart-Flipkart deal is threatening crores of companies, there square measure reports that another large Alibaba can strike a wear down Reliance Retail to counter this tie-up. wherever will that leave tiny shopkeepers?” aforesaid CAIT national Secretary General Praveen Khandelwal.