Bharti Walmart to fuel expansion

To invest Rs 104 crore.
Sample

Wholesale retailer Bharti Walmart plans to invest Rs 104 crore this year in expanding its outlets across the country.Presently they have about 17 stores across the country. They have doubled their store count to ten outlets in 2011 and added two stores in the last six months. 

Investments in logistics and improving its back-end supply chain system are also underway.

The company seems to be optimistic and upbeat about the business outlook in the futureBharti Walmart has also raised about Rs 500 crore in short-term loans from banks including Citibank, BNP Paribas, HSBC.

 
 
 
 
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