While Chandra Babu Naidu and his son Lokesh is on their focus to visit US to meet the world’s richest man to extend his future business extension in Andhra Pradesh KCR  brought the Global retail giant Walmart has announced opening 10 outlets in Telangana by investing 100 million US dollars. Each outlet of this retail giant is sure  will provide 2000 jobs directly or indirectly. Of the ten,only five shops alone will be established in  capital city Hyderabad.


The rest of them has been planned to be established in Telangana.The company has entered an  MOU Memorandum of Understanding with the current ruling KCR Telangana government in the presence of his son who is theIndustry minister KT Rama Rao. 


Image result for Walmart

 
Walmart would establish the ten new stores in Telangana, for which the US retailer signed aMemorandum of Understanding (MoU) with the state government of Telangana. Walmart has already set its footprint in India and  currently it has 21 stores in India, including the one in Hyderabad.


 
Walmart India, said their focus in South India would be on Telangana and Andhra Pradesh.Ever since the bifurcation happened KCR and Naidu are in a tight competition to prove themselves KCR grabbed most of the IT investment towards his state.And now Naidu is in the same process to set basement by meeting the Bussiness giant Bill gates the coming week.



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