2 hrs ago
Carrefour Re-enters India With Apparel Group Partnership
Carrefour is a large French store company that has come back to India.
It is working with an Indian partner called Apparel Group.
The company wants to open 50 stores in about three years.
Its first new store opened in Greater Noida.
More stores will first be opened around Delhi and Uttar Pradesh.
Carrefour will sell food, household goods, personal-care products, clothing, and accessories.
It also wants to develop its own store brands and use online shopping later.
Carrefour had left India in 2014, but it is now returning with a different partnership model.
Carrefour has returned to India through a franchise partnership with Apparel Group.
The retailer plans to open 50 stores within three years, initially targeting Delhi-NCR and Uttar Pradesh.
Its first store has opened at H&S Mall in Greater Noida, with a second planned for next month.
Carrefour previously operated in India through cash-and-carry stores before exiting in 2014.
The company plans to combine physical stores with e-commerce and quick-commerce after establishing enough locations.
- Who
- French retailer Carrefour and Indian partner Apparel Group, owned by APPCORP Holding.
- What
- Carrefour has re-entered India through a franchise partnership and plans to open 50 stores.
- Where
- The first store is at H&S Mall in Greater Noida, with initial expansion planned across Delhi-NCR and Uttar Pradesh.
- When
- The announcement was published on September 3, 2026; the first store is already open and a second is planned for the following month.
- Why
- Carrefour considers India a dynamic, strategically important consumer market and is pursuing a local-partner franchise model.
Key facts
- Indian partner
- Apparel Group, owned by APPCORP Holding
- Expansion target
- 50 stores within three years
- Initial focus
- Delhi-NCR and Uttar Pradesh
- First store
- H&S Mall, Greater Noida
- Previous presence
- Carrefour operated in India through the cash-and-carry model before exiting in 2014
- Product range
- Fresh produce, groceries, bakery items, household essentials, personal care, fashion, and accessories
- Digital strategy
- A hybrid physical-store, e-commerce, and quick-commerce model is planned after sufficient store expansion
Quotes
Patrick Lasfargues
Carrefour’s Executive Director for International Partnership
“Just as we do in France, in India too we will look at having a hybrid model, where we have the physical stores along with the online model.”
thehindubusinessline.com
“In 2018, we decided to adopt a new strategy for international markets focusing on collaborations with local partners as franchisees.”
thehindubusinessline.com
Nilesh Ved
Chairman of APPCORP Holding, owner of Apparel Group
“We plan to open 50 stores in another three years.”
thehindubusinessline.com
Sources
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