Carrefour coming to India

Following the footsteps of Wal-Mart and German Metro AG-now its the turn of the French giant Carrefour to take its first step in India to tap India’s $400 billion (around Rs18 trillion) annual retail market that’s growing at 25%-35% a year.They are planning to open their first wholesale outlet in New delhi @ Seelampur by July 2010. Subsequently they will look for a pan India expansion. Sources say there might be a tie up with Future Group also.



Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s