Tesco to open first Cash & Carry outlet in India

Tesco, the third largest retailer in the world, is planning to open its first wholesale Cash & Carry outlet in India this year. The company already has presence in the country through a joint venture with Tata and its stores are located in Mumbai, Bengaluru, Ahmedabad and Chennai. Tesco operated 4,331 stores worldwide and employed 470,000 people in 14 countries and this solo entry of the company into India will benefit even the signage segment, particularly in-store signage companies and print providers.


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