Walmart to open 50 new stores in India and create 40,000 Job Opportunities

Posted on:28 Mar 2017 12:53:31
Walmart to open 50 new stores in India and create 40,000 Job Opportunities
28 March 2017 Current Affairs: US-based multinational retailing Corporation Walmart has decided to open 50 new stores across India, half of which will be located in Uttar Pradesh and Uttarakhand in next three - four years.

Currently, Walmart has 20 stores in India and planning to open 10 stores each in Maharashtra, Andhra Pradesh and Telangana. They are also eyeing two more stores in Lucknow, in addition to Ghaziabad, Noida, Kanpur, Allahabad, Haridwar, Dehradun and Haldwani.

With the new stores opening, Walmart will create job opportunities for over 40,000 people in the country, as the giant retailing corporation will hire 2000-2500 people per store.

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