Initializing...

Top Retail Brands

 

»
«

Bharti Retail to increase staff strength by 2015

In the hopes of becoming a $ 1 billion company by 2015, Bharti Retail, a subsidiary of Bharti Enterprises, plans to increase their staff strength to 60,000 by from 2,000


September 29, 2009  |  comments ( 0 )  | 
In the hopes of becoming a $ 1 billion company by 2015, Bharti Retail, a subsidiary of Bharti Enterprises, plans to increase their staff strength to 60,000 by from 2,000. Making a case for allowing FDI in multi-brand retailing, Bharti Enterprises Vice-Chairman Rajan Mittal said the move will help in creating millions of jobs and will open up bigger export opportunities, helping India close the gap with China in global trade. Bharti Retail has around 30 stores, mainly in Punjab and Haryana and will open 40 more in the National Capital Region by end December.It has tied-up with the world's largest retailer Wal-Mart for the wholesale (cash-and-carry) business, where 100 per cent FDI is allowed. The government also allows 51 per cent FDI in single-brand retailing but none in multi-brand stores.
Don't Miss the Opportunity
World Franchise Congress
24 Nov 2015, Hotel Pullman, Aerocity, New Delhi.
Attend First global conference & master class on franchising.
GROW YOUR BRAND FRANCHISE >> REGISTER NOW!


Related News


Comments

Please add your comment:

Rating   

Not readable? Change text.

Enter the characters as seen on the image (case insensitive)

Notify me of followup comments via e-mail

Subscribe for daily newsletter