Market Sources, 2008-07-21
by India Research Team
Delhi, India
RETAIL
Videocon retail to expand with investments worth INR 800 crore
According to the director of Videocon Retail, Saurav Dhoot, the company is in line to make investments worth INR 800 crore to expand its electronic retail format, Next Retail, Planet M, the mobile, music, entertainment and lifestyle chain, in the next three years, reports Business Standard
With this proposed investment, company plans to take the number of outlets to 1,500 from 200 at present in the next three years.
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Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 11,000 employees span the world in 293 offices in 61 countries. On a worldwide basis, Colliers manages 868 million square feet, and has revenue of over USD 2 billion.
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