Best Buy in talks with Vivek to enter India

Best Buy, the larget US consumer electronics retailer in US appears to be setting its sights on India.

A top level delegation from Best Buy was recently in India to meet senior representatives from leading consumer electronic firms like LG, Samsung, Haier and Sony to gain first hand knowledge of the Indian market.

The buzz suggests that Best Buy may enter into a partnership with Vivek Ltd to enter India. Vivels is the largest consumer electronics and home appliances retial chains in the country with more than 52 stores.