Carrefour's Plans in India
According to news reports, Carrefour , the 2nd largest(by revenue) retailer in the world is holding discussions with other retailers in India namely , Reliance Retail, Spencers Retail and Aditya Birla Retail for possible alignments and partnerships. So far Carrefour has been talking to Future Group , India's largest retailer though no deal could mature in spite of months of negotiations. It is rumoured that the most likely partner for Carrefour in India would be Reliance Retail as discussions are in an advanced stage..
It is however also believed that Carrefour plans to open its first whole sale store by 2010 in the NCR areas irrespective of any local partner emerging.
Tuesday, April 28, 2009
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