Tesco enters India
Tesco has unveiled plans to enter the Indian retail market by establishing a wholesale business in Mumbai. The UK-retailer has also inked a deal to help expand Tata Group’s hypermarket chain Star Bazaar. While Tesco’s level of investment remains relatively small, the move clearly sets the stage for future expansion into India’s burgeoning organised retail sector. Katy Humphries reports.
Tesco sets the stage for Indian expansion
12 August 2008
Tesco has unveiled plans to enter the Indian retail market by establishing a wholesale business in Mumbai. The UK-retailer has also inked a deal to help expand Tata Group’s hypermarket chain Star Bazaar. While Tesco’s level of investment remains relatively small, the move clearly sets the stage for future expansion into India’s burgeoning organised retail sector. Katy Humphries reports.
Ten facts on Indian retailing
13 August 2008
India has attracted increasing attention from multinational retailers in recent years. Alongside China, India is viewed as one of the top economic powerhouses of Asia, generating 19.8% of the Asia-Pacific region's food retail value. While India’s organised retail market is still in its infancy it offers huge potential for expansion. Here are ten quick facts on Indian retail.
INDIA: Tesco announces India venture
12 August 2008
Retail giant Tesco has today (12 August) announced its intention to develop a wholesale cash-and-carry business in India.
Food processors, retailers set to reap rewards in India
11 January 2008
India's food processing and retailing sectors are set for significant expansion over the next decade, on the back of both inward and domestic investment, economic growth, rising incomes and the expansion of the middle class, according to a recently published report from just-food. Ben Cooper reports.
INDIA: Tesco eyes market as tie-up rumours continue
8 May 2007
Tesco has confirmed its interest in the possibility of expanding into the Indian market.
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