wal-mart India has decided to open 10 more CASH N CARRY stores in India. First store was opened in Punjab near chandigarh. It has been great success and prompted to open new store. so far it has opened sis wholesale stores.
It is also seeing as a move t be ready for retail business. It has been talks for a while that Indian Government is considering to open FDI in retail . So it shall providea upper hand to wal-mart.
However retail fraternity is welcoming this move as it signifies more jobs and more opporutinity for retail professionals.
Raj jain, managing director and chief executive said this on 23rd may 2011.
