Bharti Wal-Mart eyes South to open new stores

Bharti Wal-Mart, a joint venture between Bharti Enterprises and US retail major Wal-Mart, is looking at opening its outlets in southern and western parts of the country, a top company official said on Monday.

The company is planning to open its wholesale cash-n-carry stores in the two region. “After north, the discussion is really south or west. We believe southern markets are much more growth oriented,” Bharti Enterprises Vice-Chairman and Managing Director Rajan Bharti Mittal told reporters here. Mittal said ecosystem in the south is far better than the north.