Poor infrastructure and mind boggling red tape are among big problems for the U.S. giant in India, according to the Wall Street Journal.
India also is bogged down by an entrenched system of government-imposed middlemen, the scope of which has few parallels, essentially an army of traders and agents who charge various fees along the way. That alone can increase farm-to-store costs sixfold, analysts estimate.
Read the full report at The Wall Street Journal.