France's Carrefour to shut down Indian operations

MUMBAI, July 7 Mon Jul 7, 2014 1:30pm EDT

MUMBAI, July 7 (Reuters) - French retail giant Carrefour SA plans to shut down its Indian operations by the end of September, the company said in a statement late on Monday.

The retailer, which has been operating in India since 2010, will close its five wholesale stores in the country, the statement added.

No other details were immediately available.

(Reporting by Nandita Bose in Mumbai; Editing by Pravin Char)

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