Wal-Mart in talks for warehousing.

Byline: Priyanka Talwar

Jun. 13--NEW DELHI -- Retail giant Wal-Mart is in talks with Delhi-based logistics company Indo Arya to set up a warehouse in India. "We have been offered business by Wal-Mart and are looking for a suitable location in north India to set up an exclusive warehouse by 2008," Indo Arya director Yogesh Arya said. "Wal-Mart has provided broad indications of the size of warehouse, which will be between 50,000-2 lakh square feet," he added.

The warehouse would be occupied by Wal-Mart by the beginning of 2008 and is expected to be leased out