Delhi based Vishal Retail is planning
to open 70 more stores, at a cost of around Rs.700 crore by end 2008. This will
take the total number of outlets to 190.
The company is also looking to raise
Rs.200 crore through a private equity investment for the expansion plans, while
the remaining fund will be arranged through debt.
Also See:
Vishal Retail to
raise Rs.3,000 crore for expansion (17-Apr-08)