Aditya Birla Retail to invest Rs 8,000 to Rs 10,000 crore

Aditya Birla Retail to invest Rs 8,000 to Rs 10,000 crore

Aditya Birla Retail has announced that they are aiming to invest between Rs 8,000 to Rs 10,000 crore in the Indian market in the coming years.

This company is the retail arm of the Aditya Birla Group and it faces intense competition from other players in the market including Reliance Retail and Bharti Retail.

They have already announced their plans to establish 1,500 supermarket and 100 hypermarket stores in the next five years.

They would also need to invest in creating a backend infrastructure to provide supplies to these retail stores around the country.

ABRL started establishing their stores in the market last year and they have already opened nearly 400 supermarket stores and one hypermarket store.