Bharti To Take Walmart Call Soon
Friday, 04 October 2013, 00:23 IST
Johannesburg: Bharti Enterprises will take a decision this month on the shape of its partnership with global retail giant Walmart, including joining hands for operations in the country’s multi-brand segment.
The group, which has a 50:50 joint venture with Walmart for wholesale cash and carry, is understood to be anxious after their partnership came to a standstill, with no new stores being opened.
“Within October, I would say, Walmart should have taken a decision of their vision for India and Bharti could have taken a decision whether it matches our aspirations,” Bharti Enterprises chairman and group CEO Sunil Bharti Mittal said on the sidelines of the second India-Africa Business Council (IABC) meeting here.