 Bharti Retail roadmap: will invest USD 2.5 bn by 2015Published on Mon, Feb 19, 2007 at 13:10 | Source : Moneycontrol.com Updated at Tue, Feb 20, 2007 at 10:17 114305 Investors following Bharti Airtel. Share this News with them.
Bharti Retail has outlined its retail roadmap, ahead of WalMart Vice Chairman and CEO Michael Dukes' visit to India.
The intention is to open up multi-format retail outlets across all cities, though it also plans to foray into hyper and super-market formats. To set up shop, Bharti is on the look out for nearly 10 million sq ft of space across the country. The first store is expected to come up by the end of this year. Bharti will also be partnering local stores via the franchisees.
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The company has announced plans to invest $2-2.5 bn by 2015, by when it aims to 
