You are right. Definitely it is obvious that there are takers.
With growing economy and disposable income opportunities, the trend is here to stay.
Here's more more feather to Hyderabad's cap.
Quote:
Reliance Ltd's Rs 25,000 crore retail foray moved at a break-neck speed to open Reliance Fresh, its first retail store in Hyderabad.
Reliance Fresh is spread over an area of 2000 sq ft and offers fresh produce, veggies, pulses, breads and dairy products.The store directly procures veggies, pulses and spices from the farmers of Andhra Pradesh, Karnataka and Tamil Nadu, which attributes to quality and pricing advantage. All the products are being retailed under ‘Reliance Select’, which is the premium food brand by Reliance.
Reliance’s is likely to launched its second retail format ‘Fresh plus’ next month. Apart from the food products, the store will house a section and a section for apparels and consumer durables as well.
- IBN
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