Trent

Tesco has announced plans to run multi brand outlets in India by investing in local operator Trent Hypermarket. Tesco is hoping to take a 50% stake in Trent Hypermarket Limited, which is a subsidiary of conglomerate Tata Group. Tesco’s plans have been submitted to India’s Foreign Investment Promotion Board. The investment would see a step-up in cooperation between Tesco and Trent – a partnership that has already been running for …