http://www.managementparadise.com/forums/TESCO WANTS TO ‘GET IT RIGHT’
Praveena Sharma, Bangalore
DNA
Tesco, the £41 billion retail giant from the UK, is now reviewing various options, after the failed joint venture talks with Bharti Enterprises.
“We continue to be interested in India. Currently, we are researching on the Indian retail market. We want to get it right, and enter at the right time and in the right manner,” said Tesco Hindustan Service Centre (HSC) CEO Meena Ganesh.
After a successful foray into China, Thailand, Taiwan, Malaysia and Japan (at present, a small market) in the Asia-Pacific region, Tesco now wants to tap the Indian market, which is growing at a blazing pace.
According to market consultants Technopak, the Indian retail market is currently worth $300 billion and is expected to touch $637 billion by 2015.
Praveena Sharma, Bangalore
DNA
Tesco, the £41 billion retail giant from the UK, is now reviewing various options, after the failed joint venture talks with Bharti Enterprises.
“We continue to be interested in India. Currently, we are researching on the Indian retail market. We want to get it right, and enter at the right time and in the right manner,” said Tesco Hindustan Service Centre (HSC) CEO Meena Ganesh.
After a successful foray into China, Thailand, Taiwan, Malaysia and Japan (at present, a small market) in the Asia-Pacific region, Tesco now wants to tap the Indian market, which is growing at a blazing pace.
According to market consultants Technopak, the Indian retail market is currently worth $300 billion and is expected to touch $637 billion by 2015.