Bharti-Wal-Mart soon to launch 15 new stores in India

Wal-Mart, the biggest retailer across the world that permitted to run only business is all set to start its 15 new stores in India in next three years.

Recently after Amritsar, a Wal-Mart store has been launched in Chandigarh.

Bharti Enterprises and Wal-Mart Stores Inc. have been collaborated to form Bharti-Wal-Mart that has started its cash-and-carry outlet in Punjab’s Zirakpur outer of Chandigarh.

“We have several learning from our first store, which we are inculcating in our second store. First is the direct-from-farm initiative… 20% of our products is brought directly from the farm,” said Raj Jain, chief executive officer, Bharti-Wal-Mart.

Considering India as the beneficial destination for the company, Scott Price, president and CEO, Wal-Mart Asia, said: “Considerable sourcing happens from Punjab… we think India offers huge opportunity.”