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Walmart aims to open 5 stores in Himachal

Walmart is planning to open five stores in Himachal Pradesh with an investment of around Rs 65 crore and has written to the state government in this regard.

Tarun Shridhar, the state Additional Chief Secretary (Power) has said, “Walmart has some collection centres already functioning in the state but now it proposes to expand its network and explore investments to set up five Walmart stores with an investment of USD 10 million (around Rs 65 crore) generating employment to 2,000 persons.”

He further said that “I have just sent the reply to the company welcoming it to Himachal and offering whole-hearted support of government in identification of the sites and we will appoint a nodal officer in every department for expeditious clearance of each proposal.”

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