Carrefour, a global retail giant, has signed a franchise partnership with Dubai’s Apparel Group to expand its operations into India. Under this agreement, Apparel Group will open and operate Carrefour supermarkets and hypermarkets across India, marking Carrefour’s entry into the rapidly growing Indian retail market.
This strategic move aligns with Carrefour’s ambition to expand its footprint in high-growth regions and tap into India’s vast consumer base. Apparel Group, known for managing a portfolio of leading retail brands, will leverage its expertise to establish Carrefour stores in key Indian cities. The partnership aims to provide Indian consumers with access to a wide range of high-quality products, including groceries, fresh produce, and household goods, all at competitive prices.
The expansion into India is part of Carrefour’s broader strategy to strengthen its global presence and capitalize on the increasing demand for organized retail in emerging markets. By collaborating with Apparel Group, Carrefour aims to bring its globally recognized retail format to India, offering enhanced shopping experiences to Indian consumers. This partnership is expected to drive significant growth and contribute to Carrefour’s long-term vision of becoming a leading player in the global retail sector.
Source: gulfnews.com