SRS Value Bazaar, which has recently opened a 20,000-sq.ft outlet at Raheja Mall, Gurgaon, plans to make an investment of Rs.55 crore to strengthen its position in the market.
“We plan to open 29 new stores in India with a total investment of over Rs.55 crore to strengthen our market position by the end of 2011-12,” said Dr Anil Jindal, chairman and managing director, SRS Group, on the launch of SRS Value Bazaar’s new store in Gurgaon – its 29th store across the country.
“We hope to bring many more such stores to delight our customers with a vast range of products, value deals and superb service,” he added.
SRS Value Bazaar, part of SRS Group, is a retail chain with strong presence in northern and central India.
– IndiaRetailing Bureau