Gujarat to adhere Amul pattern and not that of Walmart: Narendra Modi

AHMEDABAD: Gujarat Chief Minister Narendra Modi today told a visiting delegation of American Chamber of Commerce and Industry of India that the state would adhere to Amul's pattern in organised retail and would avoid Walmart's model.

"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 Centre's decision to allow FDI in multi-brand retail saying that his stand was the same as that of the party on the issue.

The Centre which sought to allow 51 per cent foreign investment in the multi-brand retail, paving way for global chains like WalMart, Carrefour and Tesco to open mega stores in major cities, dropped the move in the wake of a political uproar last week.

A 33-member delegation of ACCII headed by its President Atul Singh today called on Modi to explore business opportunities in Gujarat.

The state government and ACCII will jointly create a work plan in this regard, an official statement said.

During the meeting, Modi expressed the desire to make India self dependant in the field of defence equipment manufacturing and also outlined initiatives taken by the state in setting up projects in maritime security.

Impressed with Gujarat's CMs vision, the ACCII members showed keenness in transferring technical expertise to Gujarat in the field of defence equipment manufacturing, it said.