Carrefour is gearing up for expansion in India by adopting a cluster format and exploring quick commerce opportunities. In an exclusive interview in Mumbai, Patrick Lasfargues, Carrefour’s International Partnership Executive Director, and Nilesh Ved, Chairman of the Apparel Group, discussed their strategic plans for the Indian Market. Currently, Carrefour operates 14,000 stores across 40 countries, generating a turnover of 95 billion euros. The company plans to leverage its successful brick-and-mortar retail model while also enhancing its online presence in India. This approach aims to meet the diverse needs of Indian consumers and strengthen Carrefour’s footprint in the rapidly changing retail landscape.
Carrefour is gearing up to expand its presence in India with an innovative approach. The French retail giant is looking to introduce a cluster format of stores while also exploring opportunities in quick commerce. In a recent interview in Mumbai, Patrick Lasfargues, Carrefour’s executive director of International Partnership, alongside Nilesh Ved, Chairman of the Apparel Group – their franchise partner in India – shared insights about their ambitious plans for the Indian Market.
Lasfargues highlighted that Carrefour operates over 14,000 stores across 40 countries and generates a substantial turnover of 95 billion euros. The company is keen on blending traditional brick-and-mortar stores with an efficient online shopping experience to cater to the diverse needs of Indian consumers.
As Carrefour explores these new formats, it aims to tap into the growing retail sector in India, which presents unique opportunities for expansion and innovation. This strategic move is expected to not only enhance Carrefour’s footprint in the region but also offer shoppers a broader and more convenient shopping experience.
Stay tuned for more updates on Carrefour’s journey as it reshapes the retail landscape in India.
Tags: Carrefour, India expansion, retail, quick commerce, Patrick Lasfargues, Nilesh Ved, Apparel Group, business news, shopping experience
What is Carrefour’s plan for exporting from India in the next five years?
Carrefour aims to expand its operations by exporting a variety of Indian products, focusing on quality goods that meet international standards.
What types of products is Carrefour looking to export?
Carrefour is interested in exporting food items like spices, snacks, and organic products, as well as textiles and handicrafts from India.
How will Carrefour ensure quality in its exported products?
Carrefour will set strict quality control measures and work closely with local suppliers to ensure that all products meet global quality standards.
Are there any specific regions in India Carrefour is targeting for exports?
Carrefour plans to source products from multiple regions in India, emphasizing areas known for specific items, like spices from Kerala and textiles from Gujarat.
How can Indian suppliers partner with Carrefour for exports?
Indian suppliers can reach out to Carrefour through its official website or local offices to discuss potential partnership opportunities.