Bharti Wal-Mart will open its first cash-and-carry store in the country on Saturday in the city after it was postponed due to law and order problem in the state.
The company had earlier planned to open the store on May 26 but it was deffered following violence in the state protesting the killing of a Dera leader in Austria.
Bharti Wal-Mart, the 50:50 joint venture between Bharti Enterprises and global retailer Wal-Mart, had announced that it would open 10-15 cash-and-carry stores in the country by 2015. The wholesale stores would be opened under the brand name of 'Best Price Modern Wholesale' and each store would have a size of 50,000-1,00,000 square feet.
Raj Jain, managing director and CEO of Bharti Wal-Mart and Rajan Bharti Mittal, vice chairman and managing director, Bharti Enterprises would inaugurate the first cash-and-carry wholesale store on Saturday.
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