Carrefour Returns to India

Carrefour has re-entered the Indian market with the opening of its first flagship store in Greater Noida West through a partnership with Apparel Group. The store, located in the H&S Mall, Boulevard Walk, measures more than 50,000ft² and carries over 15,000 stock-keeping units (SKUs), including bakery, fresh produce, grocery, household essentials, and personal care products.

The store's product range includes a mix of imported products and locally sourced assortments tailored for the Indian market. This launch marks the beginning of Carrefour's planned expansion across North India, supported by local supplier partnerships, supply chain infrastructure, and an omnichannel retail network.

Carrefour initially entered the Indian market in 2010 but exited in 2014 due to its inability to find a partner to expand its business to a multi-brand retail format. The company operates more than 15,000 stores globally across over 40 countries and reported sales of €91.5b.

Patrick Lasfargues, Carrefour's international partnership executive director, stated that the launch marks a significant milestone for the company as it begins its retail journey in India. He emphasized that the partnership with Apparel Group brings Carrefour's global expertise together with deep local market knowledge, creating a strong platform for sustainable growth.

## What it means The re-entry of Carrefour into the Indian market is significant, given the country's dynamic consumer market and immense long-term potential. The company's long-term ambition is to build a nationwide network and a robust omnichannel retail business that delivers quality, value, and convenience to customers across India. Nilesh Ved, chairman of Apparel Group owner APPCORP Holding, welcomed the partnership, highlighting the potential for growth and expansion in the Indian retail market.

## Why it matters Carrefour's re-entry into the Indian market comes at a time when the retail landscape is rapidly evolving. The company's global expertise and local partnerships are expected to bring new opportunities for customers, suppliers, and the retail industry as a whole. With its omnichannel retail network and wide range of products, Carrefour is poised to make a significant impact in the Indian market.

## What happens next As Carrefour expands its operations across North India, the company is expected to focus on building a strong supply chain infrastructure and partnering with local suppliers to offer a wide range of products to customers. With its commitment to delivering quality, value, and convenience, Carrefour is likely to become a major player in the Indian retail market in the coming years.