Reliance Retail to invest Rs 2k cr

Reliance Retail, a subsidiary arm of Reliance Industries is looking at
Sample

Reliance Retail, a subsidiary arm of Reliance Industries is looking at
investing Rs 2,000 crore for adding the retail space of 3 million sq
ft by the end of 2010-11.

The company was able to add only 1 million sq ft retail space. It is
currently operating over 4.5 million sq ft space pan-India. The focus
is mainly on expanding Reliance Mart hypermarkets and its speciality
retail formats—namely Reliance Trend, Reliance Digital, Reliance
Jewels, Reliance Footprint, Reliance Time-Out and Reliance Wellness.

The firm is lined up to add around 30 hypermarkets and 250 speciality
stores in the fiscal 2010.

 
 
 
 
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