Wal-mart To Open Indian Stores In 12 To 18 Months

MUMBAI, India — Wal-Mart says it plans to open retail outlets in India in the next 12 to 18 months. That makes it the first multinational to jump on India’s decision to allow foreign players into its huge market. Raj Jain confirmed the time frame Friday but declined to say how many direct-to-consumer stores were [...]

Topics:  mumbai    wal-mart   india s   raj jain   india   open   stores   months   
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