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Carrefour adds another twist to its Indian story

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The story of Carrefour’s Indian partner just took another turn, when it was learnt through sources that the French retailer is in talks with HDFC group, over a possible tie-up.

If the said deal goes through, it is believed that HDFC may come out with a separate company, which would help a third entity to get the franchising rights for Carrefour’s India operation. When contacted by indiaretailing.com, officials at Carrefour refrained from making any comments on this matter.

indiaretailing.com will bring you this story as it unfolds.

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