Kumar Birla says 'More'

Kumar Birla says 'More'

<b>AV Birla Grp to invest Rs9,000cr in retail</b><br><br> The $24 billion diversified Aditya Birla Group today announced its entry into domestic organised retail market with an investment of up to Rs 9,000 crore over three years to set up 1,000 supermarkets.<br><br> The group had in January acquired control of the Trinethra supermarket chain in its run up to the retail foray. Its retail stores would be christened 'More'. The first outlet will be opened in Pune this month.<br><br>

Last Updated: May 18 2007 | 12:00 AM IST

<b>AV Birla Grp to invest Rs9,000cr in retail</b><br><br> The $24 billion diversified Aditya Birla Group today announced its entry into domestic organised retail market with an investment of up to Rs 9,000 crore over three years to set up 1,000 supermarkets.<br><br> The group had in January acquired control of the Trinethra supermarket chain in its run up to the retail foray. Its retail stores would be christened 'More'. The first outlet will be opened in Pune this month.<br><br>

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