'We will motivate suppliers to set up base in India'

You're going to set up these large-scale cash-and-carry outlets in tier-II and III towns. How will they work? These towns and surrounding areas do not have all the industries to supply to your outlets...

Yes, which is why we will ask and try to motivate our global suppliers to set up operations in India. Those who do not have existing operations in India can set up their base and also work with existing small manufacturers.

For what kind of products will you ask your suppliers to set up base in India?

It could be across the line "" for all the products that we intend to sell.

But it's not possible for food, so what else?

It may not be for fruit and vegetables, but it could be for food processing. As you know, food processing is not big in India.

Are you already talking to your global suppliers?

It is an ongoing process. We are also conducting research to determine for what products we need to ask our suppliers to come to India.

So you will not directly invest in Indian manufacturers and farmers.

No, Wal-Mart does not do that.

The first outlet is to open in late 2008. Have you started work on that?

We are awaiting all the approvals for setting up the new company. Work will begin shortly after that. The first challenge is in setting up an efficient supply chain, something on which we will focus all our energy. This will also require us to directly engage with farmers and small manufacturers. After that, when the time is right, the relevant technology will be brought in.