Carrefour and Apparel Group team up for India expansion

Image Courtesy: economictimes.indiatimes.com

Apparel Group, a prominent retail and lifestyle company, has struck a strategic franchise agreement with Carrefour to begin in the Indian market.

Carrefour’s outlets will debut in the National Capital Region by 2025, with aspirations to expand statewide. Carrefour sees enormous growth potential in the Indian market and believes it will become an important market in the future.

Commenting on the partnership, Nilesh Ved, owner of Apparel Group in a statement said, “We are extremely proud and excited to announce our partnership with Carrefour, one of the world’s leading retailers. In a very dynamic and rapidly changing market for food retail, we plan to open our first Carrefour stores during the summer of 2025. This partnership represents a significant step in strengthening our position in India.”

Patrick Lasfargues, Carrefour’s executive director of International Partnership added, “Thanks to this partnership, we are very happy to launch in India and grow our footprint in one of the fastest growing economies in the world. India is now the cornerstone of the Carrefour International Partnership 2026 development plan, marking a significant step forward in our strategy to expand into over 10 new countries by 2026.”

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