Chennai-based India’s leading retail chain Subhiksha is all set to introduce itself to the eastern part of India by deciding to launch its Kolkata store by December 2008.
Interestingly, the company, which has a strong hold in almost all parts of India, remains unrepresented in the eastern part of the country. The new development is poised towards strengthening the company’s foothold in east India.
“The company is already present in the north, south and western regions. To make its presence felt in the east, we will soon foray into the east,” said Sunil Kataria, senior president, Subhiksha.
In order to achieve a turnover of Rs 45 billion by the end of the current fiscal, the company plans to increase the number of its stores to 2,200, up from its current 1,580 mark.