Home Retail Aditya Birla Retail plans pvt label dairy products

    Aditya Birla Retail plans pvt label dairy products


    , a venture of the AV Birla Group, plans to enter the milk and dairy products business with its own private labels, reports Business Standard. At present, the retailer sells over 300 private labels in cereals, processed foods, personal care and detergents, among others.

    ABFRL reports Q4 net profit at Rs 21.83 cr
    The company said its board has approved raising Rs 1,250 crore through issuance of non-convertible debentures (NCDs) in one or more tranches

    Further, the company wants to ramp up its supermarket chain to 2,100 stores by 2013 from 670 now. Besides, the retailer also wants to add 12 hypermarkets of around 50,000 square feet by March 2010, the report adds. Currently, the company has two hypermarkets.

    which started its retail operation with the acquisition of South India-based in January 2007, runs a supermarket chain under the More brand.

    — IndiaRetailing Bureau