Carrefour deal with Wadias likely within 2 weeks

It looks like Carrefour will finally be coming to India. Kamal Nath, the Trade and Commerce Minister said that the French retailer will be signing a deal to enter the Indian retail market in the next two weeks. India's retail market has been in high demand with its enormous potential due to the large population and the young stage of the retail market at present. According to the minister, the company was in talks with the Wadias who are one of the premier business families of the country and own businesses in several fields.