Planet Retail 20 Jan 2010

Tesco is to open its first cash & carry outlet in India this year, Communications Director, Greg Sage said. Tesco already has a presence in India through its franchise agreement with Trent, the retail arm of the Tata Group, which operates stores in Mumbai, Bengaluru, Ahmedabad and Chennai. "We see a huge opportunity for future growth in India," he added.

"We continue to expand our international business and are investing in banking, mobile phones and other retail services."

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