News - Bharti in $2.5bn retail expansion
Thursday, October 11th, 2007Indian conglomerate Bharti Enterprises is to pump $2.5bn (1.28bn) into expanding its retail business.
Bharti, which recently tied up with US group Wal-Mart to launch Indian-based stores, said retail would be its “big focus” for the next eight years.
The group plans to open stores in all Indian cities with a population of one million or more.
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