NEW DELHI, India–Bharti Walmart Private Limited, the joint venture between Walmart Stores and Indian company Bharti Enterprises has named its self-service wholesale stores BestPrice Modern Wholesale. The stores are scheduled to bow this year in Punjab.
The chain will exclusively serve business owners and offer the best fixed and fair prices, according to a press release.
BestPrice Modern Wholesale stores will carry 6,000 to 10,000 products, including food and non-food items. Over 90 percent of the goods and services will be sourced locally.
The joint venture company is expected to open 10 to 15 BestPrice Modern Wholesales stores. The spokesman could not confirm how many of the units will open year.