Wednesday, December 13, 2006

Subhiksha plans to open 60 outltes in Delhi

The food retail sector is the fastest growing segment of the Indian retail industry and the potential for growth is still enormous. The Economic Times reports that Chennai based food retailer Subhiksha announced that it will be opening 60 new outlets in Delhi to its 100 existing stores. The new stores will have additional facilities such as medical check-up and railway booking counters. According to Ashu Sake, vice president of operations (Delhi region), "Delhi has a huge retail potential and we want to tap this opportunity. Our aim is to become a neighbourhood store with an outlet every two kilometres or so."

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