French retailer Carrefour partners with Dubai's Apparel Group for Indian franchise, planning nationwide expansion by 2026.
French retailer Carrefour is re-entering the Indian market through a franchise partnership with Dubai's Apparel Group. Initially focusing on North India, the first stores are expected to open in 2025, with plans for nationwide expansion. This move aligns with Carrefour’s strategy to enter over 10 new countries by 2026. India's large population and increasing consumer spending present significant opportunities for the retailer, following its previous exit in 2014.
September 09, 2024
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