Wal-Mart expects to open first India store within 18 months: Report
Sep 21 2012 , Bangalore
The move comes after the UPA government last week agreed to allow megastore retailers to enter the country through joint ventures.
Wal-Mart, the world's biggest retailer, has not yet decided where or how many stores it would like to have in India, Price told the newspaper.
Price added that the company expects to continue its current partnership with India's Bharti Enterprises in a chain of 17 cash-and-carry stores, but it is not in discussions with any other companies for a potential retail partnership.