More on the Provogue and Liberty International JV.
The Economic Times reports that apparel brand Provogue India Ltd’s development subsidiary Prozone Enterprises Pvt. Ltd. announced that it will be investing Rs. 1,000 crore to develop 6 shopping centers in tier II cities. Most shopping centers to be developed by the company will be in the one million sq ft range. Four of the six cities where shopping centers will come up are Mysore, Aurangabad, Surat and Indore. The remaining two cities will be announced within a month.
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