BANGALORE: Bharti Wal-Mart Pvt Ltd is exploring the possibility of opening wholesale, B2B and cash and carry retail stores in southern and western region of the country, a company official said on Monday.
The joint venture between Bharti Enterprises and Wal-Mart Stores Inc, currently has a store in Amritsar and another is also expected to come up in Punjab by December, officials said.
“After north, the discussion is really south or west. We believe southern markets are much more growth oriented”, Vice-Chairman and Managing Director of Bharti Enterprises, Rajan Bharti Mittal told reporters here.
Ecosystem (in the south) is far better than the north when the company started operations there, he added. “Hopefully, south will see some action from us. We have to be a pan-India company”.
“….we are already looking at real estate pieces here in southern and western parts (of the country). It (opening stores) depends on how real estate plays its game”, Mittal said.
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