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Indian Discussion Forum • View topic - Reliance open 1500 supermarkets till Sept 2006

Reliance open 1500 supermarkets till Sept 2006

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Moderator: megrisoft

Reliance open 1500 supermarkets till Sept 2006

Postby megrisoft » Fri Jan 13, 2006 7:02 am

Industries (RIL) on Thursday announced its retail plans. The company plans to rollout a total of 1500 supermarkets and 1000 hypermarkets. The rollout begins September 2006.

The total investment in the venture is pegged at Rs 20,000 crore (4.5 million dollars) Of this, Rs. 5000 crore (1.12 million dollars will be invested in supply chain management.
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Postby megrisoft » Fri Jan 13, 2006 7:05 am

The supermarket, hypermarket chain is exclusive of petrol pump plan. The Reliance company plans to set up these stores in Delhi, Mumbai, Thane and Bangalore.

The first few stores are planned for Surat, , Ahmedabad. Stores are also planned in Chandigarh, Ludhiana and Punjab.
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