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Hot Issue: India

8/19/08
Tesco Follows Walmart into India

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Two years after Walmart, Tesco Plc announced plans to enter India. Partnering with Trent Ltd., the U.K.'s largest grocer plans to invest £60 million ($114 million) in opening a chain of wholesale stores in the country over the next two years. How does India's opportunity for western retailers differ from other BRIC regions (China, Brazil and Russia)? How are the challenges different?

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