Bharti Walmart unveils third cash & carry store in Punjab

Bharti Walmart, the 50:50 joint venture between Bharti Enterprises and US-based Walmart, opens its third wholesale store in Punjab taking the company’s investment in the state to Rs 115 crore. Bharti Walmart opened its first cash & carry—Best Price Modern Wholesale—in Amritsar in May 2009, and added another outlet near Chandigarh this year. The JV is expected to open 10 to 15 wholesale cash-and-carry facilities and employ approximately 6,000-7,000 people over the next three years. The new up-market store is new delight for signage companies engaging extensively in the in-store displays.