Supermarket Firm Making Opening Foray Into India ; Commercial Property

The JournalAugust 13, 2008

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Summary


SUPERMARKET firm Tesco is to make its debut in India by developing a wholesale cash-and-carry business.

The firm said it would pump pounds 60m into the venture for the first two years as it plans an assault on the Indian wholesale retail market.

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Extract


Supermarket Firm Making Opening Foray Into India ; Commercial Property

The operation will be based in Mumbai, offering products to small Indian retailers, ...

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