Voice of CEOs – Subhiksha + More Retail

In an interview, R .Subu of Subhiksha Retail said,

It was a Big year, our 10th year in business. During the year we became the first retailer in India to reach the 1,000 store landmark. We also became leaders in the mobile phone retailing market. It is also a year when we started building on the technology platform to plan for even more scale and size. The biggest milestone has been that we are a PAN India retailer except for presence in the East, which will get covered soon.

R. Subu expects that in 2008 free direct buying from farmers by amending the APMC act will be appreciated.

Mr. Sumant Sinha, CEO of Aditya Birla’s More Retail said,

The acquisition of Trinethra, start-up and built-out of our business roll-out of the first “More” supermarket store in Pune and subsequently in Mumbai, Ahmedabad, Delhi and shortly in Kolkata, Jaipur and Punjab. Re-branding of all the Trinethra /Fabmall stores in the south.

Mr. Sinha wishes that unrealistic real estate prices be softened in 2008 and infrastructure be improved for better retailing and performance.

Leave a Reply

Your email address will not be published. Required fields are marked *