Doors open to foreign retailers

Friday 14 September 2012 19:32 BST

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India has agreed to open its huge market to foreign retailers such as Tesco as part of a flurry of economic reforms aimed at sparking new growth in the country's sputtering economy.

US-based Wal-Mart and French-based retailer Carrefour are also interested in entering India, a country of 1.2 billion people where retail is the second-biggest industry behind agriculture. AP

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