Tesco signs deal to enter India's supermarket sector
date:Mar 25, 2014
The retailer has agreed a joint venture with Trent Hypermarket Limited (THL), a unit of India's Tata Group which runs the country's Star Bazaar chain.

Tesco will invest about 85m in the 50-50 deal, following Indian government approval.

Until two years ago, foreign retailers had been banned from investing in the country's retail sector.

Under the deal, THL will operate 12 supermarkets under the Star Bazaar and Star Daily banners in southern and western regions of India.

Tesco, which is the wo
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