date:Mar 25, 2014
Tesco has finally signed a deal to become the first foreign supermarket to enter India's 330 billion retail sector.
Britain's largest retailer has sealed a joint venture agreement with a unit of India's TataGroup that will see it invest 84 million to form a 50:50 joint venture with the operator of the Star Bazaar retail business, Trent Hypermarket Limited.
The world's third-largest retailer, which since 2008 has had a franchise agreement to provide support to Star Bazaar, had made the applica