The retail sector of India is attracting multinationals for operation. The world's second-largest retailer and the largest in Europe, plans to enter the cash-and-carry market in India. The group currently operates in hypermarkets, supermarkets and convenience stores. The Carrefour group currently has over 12,500 stores, either company-operated or franchises. Modern retail faces political obstacles in India because of concerns millions of jobs may be lost in the fragmented but fast-growing industry, which is forecast to nearly double in size by 2015 from an estimated $350 billion. The Carrefour group is in final negotiations to pick a partner for other retail stores.
Due to multinational operations Indian retailer start his operation very fast. The Mukesh Ambani's Reliance retail juggernaut marches on with more and more outlets of different formate opening on a regular basis. At last count there were around 450 Reliance Fresh formate store alone, with two new Fresh store launches that happened in North India. The Gurgoan outlet will stock around 90,000 products.
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