Carrefour To Enter India?
French Retail major Carrefour is said to be entering India in a Joint Venture with Dubai based Landmark Group which already has a presense in India with its Lifestyle and Home Centre stores.
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French Retail major Carrefour is said to be entering India in a Joint Venture with Dubai based Landmark Group which already has a presense in India with its Lifestyle and Home Centre stores.
Its always good to know there is the much needed frenzy activity in Retailing in India. The last one hears is R-ADAG, the Anil Ambani controlled Reliance company is toying up with entering the retail sector. But its still divided if there is an outright entry into retail stores and stuff or through an informal route of the investment mode. The groups controlled by Anil Ambani may invest into one of the leading established retail houses and the name to popup is Pantaloons. Not surprising at all one must say.
Source: DNA
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