The Carrefour; the second largest retailer in the world has hold it expansion plans in India. The world Economy downturn leads to the unfavorable to conditions in World retail market including Indian consumptions.
The Indian Sharply Slowing Economy and String of government corruption scandals are leading to the Carrefour to hold its operation in India.
The Carrefour were open its first cash and carry store in India 2012, and planned to open an outlet in western city of Pune, but the total plans of Carrefour have been hold for period due to the unfavorable conditions.
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