Monday, February 05, 2007

Aditya Birla Group not to partner with anyone for retail venture

The Aditya Birla Group announced that it will be setting up retail stores on its own and not tying up with any partner. According to Group Chairman, Kumar Mangalam Birla, the company would prefer not to partner with any international entity for its retail venture. The company recently acquired successful food and grocery chain store, Trinethra to get a head start on its competitors. The company expects to announce its detailed plans in the next two months.

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