The Future Group plans to invest Rs 125 crore over the next six months to
expand the Big Bazaar chain of hyper marts in east India. The group intends to
increase the number of outlets from 22, at present, to 40 by October 2010 in the
region.
At present, Big Bazaar is spread over 10 lakh sq ft in the East. The group
will add another six lakh sq ft as part of the expansion process. It will enter
into newer markets like Patna (Bihar), Asansol (West Bengal), Agartala
(Tripura), Silchar (Assam), Deoghar (Jharkhand), Bilaspur (Chhattisgarh),
Raniganj (West Bengal), Liluah (West Bengal) and Gangtok (Sikkim).
Also See:
Future
Group plans expansion (14-Nov-10)