Tesco to open 12 stores in India
New stores likely to open in southern and western regionApril 03, 2014 | comments ( 0 ) |
British grocery chain Tesco which has inked a joint venture with the Tata Group a few months earlier, plans to open a dozen stores in the country with overall investment of £ 85 million (nearly Rs 800 crore), and they would be largely located in the southern and western regions, as per media reports. In addition, these stores would be focused on retailing food and groceries along with homeware, kitchen products and fashion items.
This overseas retailer already sells its products in India through the Star Bazaar supermarket chain.
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