Tesco debuts in India through cash and carry

August 12th, 2008

Britain’s largest supermarket chain, TESCO, has plans to open a wholesale Cash & Carry business in INDIA.  In addition, Tesco has signed a deal with India’s TATA Group to develop it’s hypermarket business.   Currently, India’s government has foreign investment rules that prevents multi-brand retailers such as Walmart and Tesco from opening retail outlets. They can only operate Cash & Carry businesses.

The Times of London

Tags: , ,

This entry was posted on Tuesday, August 12th, 2008 at 10:35 am and is filed under Retail - International, Retail - UK/Europe, Wholesale - International. You can Email This Article to a friend. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply