The following video is part of our "Motley Fool Conversations" series, in which, Austin Smith, consumer-goods editor and analyst, and Brendan Byrnes, industrials editor and analyst, discuss topics around the investing world.

In today's edition, Austin and Brendan discuss an interesting backtrack on an important policy that would have aided retailers such as Wal-Mart. This has larger implications for other companies vying to enter India, an economy that greatly could have benefited from foreign expertise in supply chains.

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