Walmart intends to open 70 additional cash-and-carry outlets in India by 2020, as part of its strategy to boost its presence in the country.

The retailer currently has 21 stores operating across nine states in India.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Walmart India president and CEO Krish Iyer was quoted by Indiainfoline.com as saying: "We have received number of proposals from across the country to help create the shopping experience to cover two-three more states, covering 12 states in all."

"India is one of the largest markets in the world and I see opportunity for the next 30 years."

The retailer plans to enter the growing market in India, which, according to Iyer, will continue to be ‘the fastest growing major market in the next five years with macro-economic indicator including fiscal deficit being well under control and the economy robust’.

He further added: "India is one of the largest markets in the world and I see opportunity for the next 30 years."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.