Wal-Mart plans to open 50 wholesale stores in India over four-five years
HONG KONG (Reuters) - Wal-Mart Stores Inc (WMT.N: Quote) plans to open 50 additional wholesale stores in India over the next 4-5 years, company spokesman Anthony Rose said on Tuesday.
The world's largest retailer already runs 20 wholesale stores in India. The retailer will also launch wholesale e-commerce operations this summer in the country, Rose added.
(Reporting by Clare Baldwin in Hong Kong; Writing by Nandita Bose; Editing By Tony Munroe)
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