Wal-Mart plans to open 50 wholesale stores in India

HONG KONG (Reuters) - Wal-Mart Stores Inc plans to open 50 additional wholesale stores in India over the next 4-5 years, company spokesman Anthony Rose said on Tuesday.

The world's largest retailer already runs 20 wholesale stores in India. The retailer will also launch wholesale e-commerce operations this summer in the country, Rose added.

(Reporting by Clare Baldwin in Hong Kong; Writing by Nandita Bose; Editing By Tony Munroe)