Bharti Retail targets western India
Bharti Retail targets western India

Aiming squarely to capture the markets in other parts of the country, Sunil Mittal’s Bharti Retail is looking forward to make itat Mumbai with its first hypermarket.

The company has already signed a 60,000 sq ft store in the Neptune Magnet mall of the city’s Bhandup area which is expected to open in the quarter of 2011. Apart from Mumbai, it is also targetting nearby cities such as Pune and Nanded with around 20 stores.

Unlike other retailers such as Reliance Retail, which set up stores across the country in one go, Bharti is focussing on creating a cluster in one region before entering another.

Bharti is also planning to open stores in the south and signed half a dozen stores in the region, property consultants said.


Earlier this year, it has also planned a tally of 140 stores in the country by year end.

 

Bharti Retail, a unit of Bharti Enterprises, operates Easyday neighbourhood stores and hypermarkets called Easyday Market. Bharti also has a joint venture with Walmart, the world's largest retailer, which runs cash and carry stores called Best Price Modern Wholesale in Punjab.

 
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