Carrefour teams up with Dubai's Apparel Group to expand into India

French multinational retail giant Carrefour is launching a franchise partnership with Dubai-based Apparel Group to establish its presence in India. The partnership will be aimed at North India initially, with further expansion planned across the country and the first store openings expected in 2025, Carrefour said on Friday. With a population of about 1.

4 billion people, India is one of the world's largest food markets with the additional attraction of rising consumer spending power. Carrefour, one of the world's largest retailers with 14,000 stores in close to 40 countries, previously tried to conquer the Indian market through a partnership with another local retailer, but withdrew in 2014, saying the market was underperforming..