NEW DELHI: Bharti Enterprises, which recently tied up US retailer Wal-Mart, will announce next month the financial details and plans to roll-out the retail stores across the country.
"Complete details, including financial details, about the retail business will be announced next month jointly by Bharti and Wal-Mart," Bharti chairman Sunil Mittal said.
Mittal said the company was planning a cluster of outlets, preferably beginning with north India and Bangalore.
Bharti and Wal-Mart, the world's largest retail firm, had in November formed a joint venture for venturing in the fast growing sector.
Although no financial details were given at that point of time, Mittal had said the investments would be in billions of dollars.
Source : DNA
"Complete details, including financial details, about the retail business will be announced next month jointly by Bharti and Wal-Mart," Bharti chairman Sunil Mittal said.
Mittal said the company was planning a cluster of outlets, preferably beginning with north India and Bangalore.
Bharti and Wal-Mart, the world's largest retail firm, had in November formed a joint venture for venturing in the fast growing sector.
Although no financial details were given at that point of time, Mittal had said the investments would be in billions of dollars.
Source : DNA