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Walmart to open 20 stores in India starting next year

Walmart has plans to add 50 new stores by 2022 to take the total store count to 70.

Press Trust of India  |  New Delhi 

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File Photo: Reuters

has signed 20 new sites for new stores and will start opening them from the next year, a top company official said today.

The company, which runs 21 Best Price wholesale stores in nine states, has already started work in some of the new projects.


"As we speak, we have signed nearly 20 sites as well and we are well on our way to be on meeting the commitment and targets which we have," President and CEO Krish Iyer told PTI on the sidelines of the retail summit.

Asked about the timeframe for opening the new stores, he said: "We have some ground breaking and we would start seeing new stores from the next year."

He did not let out more.

has plans to add 50 new stores by 2022 to take the total store count to 70.

A company official said: "Out of these 50 stores, 5-7 new stores will become operational next year."

is a wholly-owned subsidiary of Stores Inc and offering close to 5,000 items through its and carry wholesale format.

First Published: Fri, December 01 2017. 20:06 IST
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