Wednesday, October 25, 2006

Wal-Mart looking to source products worth $600 million

The Economic Times reports that Wal-Mart said that it would be sourcing products worth over $600 million from India this year, an increase of around 50% since 2005. The major categories that the company has been sourcing are home textiles, apparel, fine jewelry and household items. The Indian sourcing office of Wal-Mart opened in 2001 and is located in Bangalore.

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