Bharti Retail has planned to invest around $2.5 billion to set up multiple format stores including neighborhood stores, supermarkets and hypermarkets by 2015.
Speaking at the Reuters Consumer and Retail Summit held in New York, Rajan Bharti Mittal, managing director...
Contradicting a report published in a leading daily speculating on the entry of Bharti Retail in pharmacy retail, Vinod Sawhney, president and chief executive officer, Bharti Retail, told Indiaretailing, “We do not have any such plans.”
A section of the...
Even as corporate companies sought government assistance to boost the retail sector, especially in regard to supply chain, Rural Development Minister Raghuvansh Prasad Singh sounded an assuring note, though with a rider: “Those in the retailing sector should do...
Bharti Retail, a unit of Bharti Enterprises, which has a tieup with top American retailer, Wal-Mart, plans to open its first outlet by March 2008 and has drawn up plans for recruiting 60,000 personnel nationwide and provide them training,...
The retail sector which is emerging as one of the most dynamic and fast paced industries in the country accounting for over 10 percent of India’s Gross Domestic Product (GDP), is expected to grow by 9.5 per cent annually,...
Bharti Retail unveiled its roadmap at a press conference in Delhi. Addressing the press conference Mr. Rajan Bharti Mittal, Joint Managing Director, Bharti Enterprises said the company will roll out its first store by first quarter of 2008. The...