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Walmart to open 50 new stores, half of those in UP, Uttarakhand

Walmart to open 50 new stores, half of those in UP, Uttarakhand

Monday, March 27, 2017, 9:50 AM

Walmart is looking to locate nearly half of its 50 stores in the country in Uttar Pradesh and Uttarakhand as it seeks to ramp up operations in the cash-and-carry segment, while also eyeing food retail if government eases the norms. With each store providing direct and indirect employment to 2,000-2,500 persons, the company may end up creating over 40,000 jobs in UP and Uttarakhand.
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