Doors open to foreign retailers

Friday 14 September 2012 19:32 BST
Comments

India has agreed to open its huge market to foreign retailers such as Tesco as part of a flurry of economic reforms aimed at sparking new growth in the country's sputtering economy.

US-based Wal-Mart and French-based retailer Carrefour are also interested in entering India, a country of 1.2 billion people where retail is the second-biggest industry behind agriculture. AP

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in