Friday, April 06, 2007

DCM Shriram plans mega investment in rural venture

DCM Shriram Consolidated Ltd. announced that it will be tripling its Hariyali Kisaan Bazaar retail stores. The comapny has decided to invest Rs 15-180 crore this financial year to expand its stores to new areas. New stores will be opened in the states of Andhra Pradesh, Maharashtra and Karnataka. Presently, the stores are in Punjab, Haryana, Rajasthan, Madhya Pradesh, Uttar Pradesh and Uttarakhand. DSCL plans to make Hariyali Kisaan Bazaar it’s own company in an effort to achieve faster growth.

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