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$7 BILLION TO BE INVESTED IN RETAIL BY BHARTI (to set up 200 hypermarkets and hundreds of small stores across India by 2010).
(From India Business Insight)
Bharti Enterprises is planning to set up 200 hypermarkets and hundreds of small stores across India by 2010 with an investment of $7 billion. Bharti has entered into a joint venture with Wal- Mart Stores, Inc. Bharti expects to earn $1-2 billion in revenue from its retail business by 2010. This will constitute 10-20 percent of the group's …
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