Saturday, December 12, 2009

Bharti Retail Expansion Plans

According to a top official of Bharti Retail, post completion of its rollout in northern zone, Bharti Retail will look at expanding in the western and southern zones.

"From January 2011, we will expand in different regions and are considering options now," Bharti Enterprises vice-chairman and managing director Rajan Bharti Mittal said.

Although we have not finalized the regions yet, but it is a toss between south and west, he told reporters on the sidelines of a Federation of Indian Chambers of Commerce and Industry (FICCI) meeting here.

Bharti Retail currently operates 27 Easy Day stores and 2 Easy day mini hyper markets in Punjab and Haryana.

"We are targeting 200 stores, mostly Easy day by 2011 in the northern region with a 1000cr revenue target. By December the total store count is expected to be 70," Mr Mittal said.

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