During the quarter, Walmart lobbied for its case with the US Senate, the US House of Representatives, the US Trade Representative and the US Department of State, as per its latest quarterly disclosure report.
The companies are allowed to lobby for their cases in various departments and agencies in the US, but they are required to file their lobbying disclosure reports every quarter with the US Senate.
So far in 2012, Walmart has spent more than $3 million on its various lobbying activities, including those related to India. As per its disclosure reports, the company has continuously lobbied for its India entry since 2008, except for a few quarters in 2009.
The Indian retail market is estimated to be worth about $500 billion currently and is pegged to cross $1 trillion mark by 2020, given the rising personal income.
