French retailer Groupe Carrefour has reportedly entered talks with Indian business group Wadias for a retail venture in the country.
Go deeper with GlobalData
Carrefour has been surveying the Indian market for over four months, according to a report in India’s Financial Express.
Local reports said the talks were at an advanced stage, but Carrefour refused to comment on the matter when contacted by just-food today (20 December).
The speculation quickly follows Wal-Mart’s headway into India through an understanding with Bharti Enterprises, announced on 27 November.
Back in September, Indian reports circulated that Carrefour had signed an agreement with UAE’s Landmark Group to open a hypermarket in India.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
