Pantaloons to invest above Rs 1,500 cr for opening Big Bazars
Pantaloon Retail (India) Limited will make an investment of more than Rs 1,500 crore for opening more than 110 big bazar hypermarkets in various cities across the country.
"With this launch, Big Bazar is now present in all the four major cities of Ahmedabad (five stores), Anand, Surat, Rajkot and Vadodara (one each) while the count for all India goes upto 90 stores in 55 cities in the country," Adukia told reporters, after opening its ninth store in the city today.
The sprawling three floors of Vadodara Big Bazar houses over 1.6 lakh products and is a destination store to cater to every single household needs of a family, he said.
"We are a consumer-driven company and we ensure that all our Big Bazar stores fulfill the needs of the entire household under one roof," Adukia said.
This store also houses, 'Navras', a national brand known for fine 22 carat pure gold and diamond jewellery.
The company intends to open one more store in Vadodara, and Ahmedabad in next couple of months along with Jamnagar, Bhavnagar and Vapi among others, Adukia added.
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