Question : Winding Up of Wallmart

(a) whether Wallmart is winding up its business in the country;

(b) if so, the details of the possible effect on employees working with them;

(c) whether revenue and foreign exchange will decrease in view of winding up of business by Wallmart; and

(d) if so, the details thereof?

Answer given by the minister

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THE MINISTER OF COMMERCE & INDUSTRY
(SHRI PIYUSH GOYAL)

(a) & (b): As per the information available in the Ministry of Corporate Affairs portal, there are no companies with the name of Wallmart. Further, no such information regarding Walmart is available.


(c) & (d): Do not arise.

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