Carrefour may be next to move into India

Carrefour is set to follow Wal-Marts lead by tying up a partnership deal to enter the Indian retail market. French supermarket firm Carrefour is reported to be close to completing an agreement with Indias Wadia group to move into the country's lucrative retail sector. According to Indian media reports, Carrefour is in talks with the Indian company, which has stakes in a range of industries, including the textile trade and aviation.