The appointment will be effective January 20, 2014, the company said in a statement.
The previous United Progressive Alliance government had permitted up to 51 per cent foreign direct investment in multi-brand retail but the current National Democratic Alliance government is opposed to it.
While the world's largest retail chain is calling it a promotion, experts said the group may be looking at a new growth strategy for Asia.
The latest cash-and-carry or wholesale outlet, for selling products from grocery to apparel and consumer electronics to businesses, offices and organisations, is coming up in Agra by the middle of 2015, it is learnt.
