Pantaloon Retail, India's biggest and fastest-growing retailer, has 144 shops in 32 cities, and Kishore Biyani, its founder, plans to double the square footage of his empire by next June.
Walmart may be on the verge of forming another alliance, with Future Group, the Mumbai-based owner of Pantaloon Retail, though the behemoth from Bentonville refuses to confirm reports that the two firms are talking.