Asia Bizz: American multinational retailer corporation, Walmart, is ready to make its presence in India. The retailer already has its presence in the country through a joint venture with Bharti Group and is all set to make its Best Price wholesale outlet debut in Hyderabad.
Walmart’s entry with a Best Price wholesale outlet is set to take place at Shivrampally near the International Airport. Some of the people familiar with the progress say that the company has acquired around two acres of land next to the PVNR expressway and has already begun construction at the site.
At present. Bharti Walmart has a total of 17 Best Price Outlets across eight states in the country including, Punjab, Jammu and Kashmir, Uttar Pradesh, Madhya Pradesh, Maharashtra and Rajasthan.