Wal-Mart has remained tight-lipped over reports that its Indian cash and carry joint venture with Bharti Group, Bharti Wal-Mart, is eyeing expansion into West Bengal.

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The joint venture opened its first outlet last Saturday (30 May) under the Best Price Modern Wholesale banner.


The enterprise has indicated that it plans to open 10-15 new stores in northern India in its first two to three years of operation.


All of those opened during this year will be located in Punjab, a report in The Economic Times claimed. However, the report added that Bharti Wal-Mart aims to enter West Bengal in its second phase of expansion.


A spokesperson for Wal-Mart declined to comment on the retailer’s expansion plans for the market when contacted by just-food.

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