Indian retailer Aditya Birla Retail has signalled its confidence in the growth of organized retail in southern India compared to the rest of the country.
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Aditya Birla runs 275 stores in the states of Andhra Pradesh, Karnataka, Tamil Nadu and Kerala following last year’s acquisition of southern Indian retail chain Trinethra Super Retail.
Aditya Birla Retail CEO Sumant Sinha said: “The retail market in southern India is more organised. The other parts of the country are fast catching up. We will continue to focus on this region for growth.”
Among Aditya Birla’s 275 stores in southern India, some 68 Fabmall stores are located in Karnataka, with 60 outlets in Bangalore, eight in Mysore and ten in Mangalore.
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By GlobalData
