Forevermark Extends India Presence to Mumbai and Delhi

De Beers' brand partners with eight retailers in Mumbai and six in Delhi

Post By : IJ News Service On 05 April 2011 2:22 PM
Wal-Mart Stores Inc. has decided to introduce its retail ventures into India. It has entered into a pact with Bharti Enterprises Ltd. Abiding by Indian laws, which do not allow foreign retailers to sell directly to Indian consumers, all stores would be referred to as Bharti Enterprises Ltd., with Wal-Mart providing wholesale and back-end support.%%The first front-end retail store will be set up in India, by August 2007 and will sell directly to consumers. The first wholesale cash-and-carry facility will begin in India by December, followed by two or three such stores in 2009. On a bigger scale, Wal-Mart will open 10 to 15 such stores, each over 50,000 to 100,000 sq ft., area, within the next seven years.

Be the first to comment

Leave a comment

Related News

Vidita Kochar of Jewelbox on the big terminology debate involving LGDs

  • Diamonds - 27 January 2025 11:08 AM

Unveiling the Magnificent Niva Necklace

  • Diamonds - 20 September 2024 5:41 PM

New Collections on the Block

  • Diamonds - 23 April 2024 3:41 PM

A Name to Reckon With In Fancy Colour Diamonds-Anan Jewels

  • Diamonds - 23 April 2024 3:31 PM

IGI Expressions™ crowns 9 Jewellery Design Champions

  • Diamonds - 01 March 2024 6:02 PM

Email Alerts

WhatsApp Alerts