Reliance Retail is reworking its roll-out plans in Delhi. According to sources, Reliance Industries Ltd (RIL) has now decided to bypass Delhi altogether. This decision by the company against opening stores within Delhi comes due to the uncertain real-estate situation here. However, it will set up about 10 “Fresh” stores in the national capital region (NCR).
Even the hypermarkets and convenience stores to be launched in the region will now be bunched together around the city and satellite towns over the next two months. Among the locations RIL has chosen for opening retail stores are three sites in Noida, one each in Gurgaon and Faridabad besides four in Ghaziabad.
However, the roll-out plans for other cities remain intact. Along with NCR, the company would make its debut in Ahmedabad, Pune, Kochi, Bangalore and Chennai over the next few weeks besides expanding its existing network in Hyderabad.