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Tesco says India investment based on business considerations

UK-based retailer Tesco's decision to apply for opening multi-brand retail stores in India in partnership with the Tata's has been based on business considerations and not driven by any "external pressure".

Tesco planning to make billion pound investment in India

British multinational grocery and general merchandise retailer TESCO is set to make a decision on the size of a potential multi-billion pound investment in India following representations by Prime Minister David Cameron as part of a UK trade mission.