Booker, the UK’s $6.5-billion cash and carry group, plans to expand its operations in India. The group will compete with American giant Walmart, French chain Carrefour and German group Metro in India.
With three stores in Maharashtra, Booker now plans to move to other states. With this, it plans 20 cash and carry stores in the next five years.
In 2009, Booker had set up its first store in Mumbai, followed by a joint venture outlet in Pune in 2011 and Thane just last month, in 2012.