Tesco readies India's first foreign supermarket investment
date:Dec 18, 2013
d its underperforming stores in Britain.

We hope that this will mark a new beginning in transforming India's retail industry. I am sure that the other global leaders will also look at investing in India, Indian Trade Minister Anand Sharma said

While the proposed investment is not large, the move by Tesco will be seen as a vote of confidence in India's potential at a time when the economy is struggling and grew at its slowest pace in a decade last fiscal year due largely to a lack of corporate
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