Delhi to be first city to have Wal-Mart and Tesco retail chains

Delhi may soon become the first city in the country to have global retail chains like Wal-Mart and Tesco, with Delhi government all set bring a bill in the winter session of assembly beginning to remove hurdles in ensuring “effective” implementation of FDI in multi-brand retail. The city government will bring an amendment to the Agricultural Produce Marketing Committee (APMC) Act for facilitating direct purchase of produce from farmers by multi-national retailers. Delhi’s new face of the retail sector will be an added advantage for the signage players to enhance their business in in-shop/in-store activities.

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