Walmart sets up new company in India

The retailer has registered a new company called 'Walmart India Private Ltd', as it prepares to enter the country's lucrative multi-brand retail market

New Delhi: Global retail giant Walmart has registered a new company in India as it prepares to enter the country's lucrative multi-brand retail market with a new partner. The American retail major and Bharti Enterprises decided to part ways in October last year, bringing an end to their six-year long partnership.

The retailer has registered a new company called 'Walmart India Private Ltd' in the country, according to the data available with the Ministry of Corporate Affairs.