Wal-Mart India JV to open 8-10 wholesale stores in 2011

Wal-Mart India JV to open 8-10 wholesale stores in 2011

New Delhi: Wal-Mart Stores Inc’s joint venture with Bharti Enterprises in India aims to open 8 to 10 wholesale stores in 2011, its managing director and chief executive Raj Jain said on Tuesday.

Bharti Wal-Mart operates wholesale stores in India under the Best Price Modern Wholesale brand and has so far opened six stores. It plans to open 8 to 10 stores next year as well, Jain said.

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