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.
Go deeper with GlobalData
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.
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
