Friday, March 30, 2007

Kirby Building Systems looking to enter consumer durable retailing

Kirby Building Systems, the Indian division of one of Asia's largest business houses Alghanim Industries, is looking to enter the retail sector. Kirby is interested in becoming a 'multi-brand consumer durable retailer' although the government has not permitted FDI in that area as yet. According to Srikant Gokhle, CEO of Kirby India, “Our retail plans are still very preliminary. We are exploring ways to enter Indian retail in tandem with existing policy regulations.”

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