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France's Carrefour planning for India foray

The world’s second largest retailer Carrefour, France has announced its plan to enter India’s vast retail market in 2010 following years of delays. The company will develop its retail activities in India with the start of cash-and-carry activities this year. Cash-and-carry is the term used for wholesale outlets. Carrefour, number two behind the US retail giant Wal-Mart, is also planning to partner with some Indian companies. In fact, surging of the new Carrefour stores in the Indian retail sector will be a sunshine opportunity for signage companies, such as in-store media companies and signage suppliers.

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