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  1. 1. of the group. <br /> <br />Others include Collection (home improvement products), E-zone (consumer electronics), Depot (books, music, stationery and gifts), Blue Sky (fashion accessories) and Shoe Factory (footwear). The company has also launched a retailing venture known as The vision of Future group is to quot; Deliver Everything, Everywhere, Every time to Every Indian Consumer in the most profitable manner.quot; <br />TOP 10 Retail companies in India <br />Retail companies in India section in Naukri hubs analysis and report on Top 10 companies in retail Industry, Top Company in retail sector, branded retail companies, top player in retail sector.<br />Shoppers' Stop<br />Westside (Trent)<br />Pantaloon (Big Bazaar)<br />Lifestyle<br />RPG Retail (Foodworld, Musicworld)<br />Crossword<br />Wills Lifestyle<br />Globus<br />Piramals ( Pyramid & Crosswords)<br />Ebony Retail Holdings Ltd.<br /> <br /> <br />1 K. Raheja group of companies founded Shoppers' Stop on October 27, 1991. The organization had already made its presence felt in the hospitality and real estate sector, and now it has created a landmark in the Retail sector with Shoppers' Stop. Shoppers' Stop is famous for the expertise and acumen relating to the current practices of the industry. It provides quality services, products and the right kind of shopping environment. It has developed itself as a household name and has set high standards for itself with the mission statement: “Nothing but the bestquot; . <br />In 2005, the company had 25 stores with a turnover of Rs. 1000 crores and 7 lakh sq. feet retail space in the year 2005. The average age of the employees in the organization is 25 years. <br /> <br />Management structure: <br />Mr. B. S. Nagesh<br />Customer Care Associate & MD <br />Mr. Govind Shrikhande<br />Customer Care Associate & CEO <br />Mr. C. B. Navalkar<br />Customer Care Associate<br />Chief Financial Officer <br />Products <br />The major product categories provided by the organization are: <br />Apparel: Men, Women, and Kids<br />Accessories: Men, Women<br />Home Decor: Appliances & Adornments, Bed, Bath & Kitchenware<br />Gift Ideas: Gift vouchers; Birthday, corporate and wedding<br />Other services: Color studio, CRY bags, Nail studio, Music, Books and Habibs. <br />Stores <br />North <br />Delhi-Ansal Plaza<br />Ghaziabad - Indirapuram<br />Gurgaon - Metropolitian Mall<br />Jaipur - Malviya Nagar<br />Lucknow - Gomti Nagar <br />South <br />Bangalore - Bannerghatta Road<br />Banglore - Garuda Mall<br />Chennai - Chetpet<br />Hyderabad - Begumpet <br />West <br />Mumbai - Andheri<br />Mumbai - Bandra<br />Mumbai - Chembur<br />Mumbai - Juhu<br />Mumbai - Kandivili<br />Mumbai - Malad<br />Mumbai - Mulund<br />Pune - Shivaji Nagar<br />Pune - Camp <br />East <br />Kolkata - Forum Mall<br />Kolkata - Salt Lake City <br />Corporate Address <br />Eureka Towers,<br />9th Floor, C - Wing, Plot No 504,<br />Link Road, Malad (W)<br />Mumbai - 400 064<br /> <br />2 Tata Group founded Trent Ltd. (Westside) in 1998. The acquisition of a London-based retail chain Littlewoods by the Tatas was followed by the establishment of Trent Ltd, which was later renamed as Westside.<br />It is one of the largest and fastest growing chains serving the customers in various categories, including men's wear, women's wear, kid's wear, footwear, cosmetics, perfumes and handbags, household accessories, lingerie and gifts. The company offers products with a balance between style and price. There are 25 Westside departmental stores operating in various cities like Mumbai, Hyderabad, Pune, Delhi, Banglore, Noida, Gurgaon, Nagpur, Kolkata and many others. <br /> <br />Trent had established a hypermarket business with Star India Bazaar which provides them products at lower price and better shopping experience. Star India Bazaar offers customers a variety of products in categories, such as staple foods, fruits, vegetables, consumer electronics, health and beauty products and many more at affordable prices.<br />In the year 2005, Trent acquired 76% stake in Landmark, which is one of the largest books and music retail chains in the country. <br />Some of the honours given to the company include: <br />Lycra Images Fashion Awards 2005 awarded it with the Most Admired Large Format Retail Chain of the Year. <br />'Brand Leadership Retail' given by India Brand Summit. <br />NDTV Profit Business Leadership Awards 2006 in Retail category. <br />Aiding the community <br />IFA Visionary of the Year Award, 2002, honoured Mrs. Simone N. Tata. <br />Balanced Scorecard Hall of Fame. <br />Westside Stores<br />Ahmedabad - Ellis Bridge<br />Banglore - Shivaji Nagar<br />Banglore - Magrath Road<br />Banglore - Hosur Rd Koramangla<br />Chennai - Spencer Mall<br />Delhi - Karol Bagh<br />Delhi - Lajpat Nagar<br />Delhi - Rajouri Garden Market<br />Ghaziabad - Pacific Mall<br />Gurgaon - Grand Mall<br />Hyderabad - Fateh Maidan Rd<br />Indore - racecourse Raod<br />Jaipur - City Pulse Mall<br />Kolkata - Camac Street<br />Kolkata -The Gariahat Mall<br />Lucknow - East End Mall<br />Mumbai - Andheri<br />Mumbai - Mulund<br />Mumbai - Patkar Marg<br />Mumbai - Kala Godha<br />Nagpur - Landmark Complex<br />Noida - Centrestage Mall<br />Pune - Kakade Magnum Mall <br />Surat - Iscon Mall<br />Vadodra - Monalisa Centrum <br />Corporate Office<br />Enterprise Centre<br />17/5 C.S.T. Road,<br />55,Off Nehru Road,<br />Opp. Air Link Hotel,<br />Vile Parle East,<br />Mumbai - 400 099<br />Site: <br />3 Pantaloon Retail is the flagship enterprise of the Future Group. Pantaloon Retail (India) Limited has spread across various businesses and cities in India. Pantaloon owns multiple retail formats and is able to cater to a large section of the society. The company has over 140 stores across 32 cities in India and 14000 employees. The headquarters of the company are situated at Mumbai. The organization made an incursion into the modern retail (fashion) in 1997. Big Bazaar, a hypermarket chain, was introduced in the year 2001, with an Indian touch of convenience and hygiene. Food Bazaar, food and grocery chain, and Central Mall located at various Metros are other important parts<br />National Retail Federation gave Pantaloon the 'International Retailer of the Year' Award. <br />Some of the awards given to Pantaloon Retail (India) Limited: <br />Images Retail Awards 2005<br />PRIL - Most admired retailer of the year<br />Central - Retail launch of the year<br />Mr. Kishore Biyani - Retail Face of the year <br />Big Bazaar - Best Value Retail Store <br />Readers Digest and Awaaz Consumer Award<br />Big Bazaar - Best Retail Destination <br />Readers Digest Platinum Trusted Brand Award<br />Big Bazaar - Earning a trusted Place in the everyday lives of consumers <br />Food Bazaar - Retailer of the year (food and grocery<br />Big Bazaar - Most preferred, large, Food and Grocery store <br />Business Today selected PRIL among:<br />India's 100 biggest wealth creators<br />India's top 75 most investor-friendly companies<br />Top 20 companies in India to watch in 2005 <br />Board of Directors<br />Mr. Kishore Biyani, Managing Director<br />Mr. Gopikishan Biyani, Wholetime Director<br />Mr. Rakesh Biyani, Wholetime Director<br />Mr. Ved Prakash Arya Director, Operations & Chief Operating Officer<br />Mr. Shailesh Haribhakti, Independent Director<br />Mr. S Doreswamy, Independent Director<br />Dr. D O Koshy, Independent Director<br />Ms. Anju Poddar, Independent Director<br />Ms. Bala Deshpande, Independent Director<br />Mr. Anil Harish, Independent Director <br />Partner companies<br />Pantaloon Industries Ltd. <br />Home Solutions Retail (India) Ltd.<br />Future Capital Holdings<br />Converge M Retail (India) Ltd. <br />Indus League Clothing Ltd. <br />Galaxy Entertainment Corporate Ltd. <br />Joint Ventures Companies <br />Planet Retail Holdings Ltd. <br />Footmart Retail<br />GJ Future Fashions<br />CapitaLand Retail India <br />ETAM Future Fashions India Pvt. Ltd.<br />Head Office <br />Pantaloon Retail (India) Limited <br />Knowledge House, Shyam Nagar<br />Off Jogeshwari-Vikhroli Link Road <br />Jogeshwari (East), Mumbai 400 060 <br />Tel: +91 22-6644 2200 <br />Fax: +91 22-6644 2222 <br />Site: <br />4 Lifestyle - Outlets<br />Bangalore<br />Lifestyle International Pvt. Ltd.<br />quot; Adarsh Opusquot; , Richmond - Victoria Road Junction.<br />Bangalore. Ph. 5564555 <br />Chennai<br />Lifestyle International Pvt. Ltd.<br />Ground Floor, ASMA Building,<br />81, TTK Road, Alwarpet. Chennai- 600 018 Ph. 24980008. <br />Gurgaon<br />Lifestyle International Pvt. Ltd<br />DLF City Centre,<br />Mehrauli -Gurgaon Road,<br />Gurgaon.<br />Ph.8944111 <br />Hyderabad<br />Lifestyle International Pvt. Ltd.<br />6-3-1192, Begumpet Main Road,<br />Kundan Bagh.<br />Hyderabad.<br />Ph. 23410014 <br />Mumbai<br />1) Lifestyle International Pvt. Ltd.<br />quot; Runwal Arcadequot; ,<br />639, LBS Marg,<br />Mulund West,<br />Mumbai.<br />Ph.25935900. <br />2) Lifestyle International Pvt. Ltd.<br />Phoenix Mills Compound,<br />Lower Parel.<br />Mumbai.<br />Ph. 56669201-09. <br />3) Lifestyle International Pvt. Ltd.<br />Inorbit Malls India Ltd.<br />Plot No. 1406 - A, 28/A Link Road,<br />Near Ford Show Room,<br />Malad (W)<br />Mumbai - 64.<br />Ph.56754275-76-77-381<br />5 The history of RPG Enterprises goes back to the 19th century. In 1979 Mr. RP Goenka took the initiative to set up RPG Enterprises. Presently it has a turnover of US$ 1.65 billion (Rs. 7472 crore) and assets worth US$ 1.8 billion. Among the fastest growing groups in India, it is operating successfully through more than 20 companies in 7 business sectors, namely Retail, IT & Communications, Power, Transmission, Entertainment, Life sciences and Tyres. <br />The organization believes in responding to a business opportunity, making optimum utilization of resources, and inspiring people to foster teamwork. Quality is another important parameter for the enterprise to improve continuously and satisfy customers in the best possible manner. <br /> <br />Performance, excellence and entrepreneurship are ingrained in the organization as core values. It is a place where the employees are aware of the Corporate Social Responsibility, involving in various social activities, sports and arts. The organization operates through various retail formats such as supermarkets, hypermarkets, music stores and health and beauty products outlet.<br />Its largest chain of Spencers offers a complete array of products and durables. It is operating through 80 stores spread in 20 cities, and is still growing rapidly. Every month nearly 2.6 million people walk in its stores. The stores are located in Bangalore, Mumbai, Delhi, Chennai, Trivandrum, Hyderabad, Faridabad, Vizag, Aurangabad, Pune, Ghaziabad, Cochin, and many more.<br />The music store of RPG Enterprises - MusicWorld delivers its products through 170 outlets spread in 21 cities. The enterprise has also set up a training institute for Front Line Staff and Staff Managers known as RPG Institute of Retail Management (RIRM). <br />Management Board <br />RP Goenka Chairman Emeritus <br />Harsh Goenka Chairman <br />Sanjiv Goenka Vice Chairman <br />S. Banerjee President & Chief Executive <br />Power Sector <br />P. K. Chowdhary President & Chief Executive <br />Tyres Sector <br />Subroto Chattopadhyay President & Chief Executive<br />Entertainment Sector <br />P. K. Mohapatra President & CEO<br />Technology Sector <br />Arvind Agrawal President & Chief Executive <br />Corporate Development & HR - Ramesh Chandak <br />Address - Corporate Communications Department, RPG Enterprises, Ceat Mahal<br />463 Dr. Annie Besant Road, Worli<br />Mumbai 400 025 INDIA <br />Telephone No. + 91 - 22 - 24930621 <br />Fax + 91- 22 - 24974710, 24913236<br />Site: <br />6 <br />Crossword, the largest bookseller in India, came into existence on 15th October 1992. Crossword Bookstores Ltd. is a subsidiary of Shopper's Stop Ltd. It is widely known in various countries for its achievements. It featured in Advertising Age International, USA, as one of the Marketing Superstars for 1994. It has established itself as a lifestyle bookstore, with bright interiors and enough space for movement, suitable for all kinds of people. The simple and intelligent modifications in the store such as electronic POS, proper classification, a dedicated helpdesk, inventory control systems and smart displays have won the hearts of the people visiting the store. <br />The enterprise strives to give value to the customers and make the visit a pleasant experience by providing a customer centric environment including a proper café, reading tables and toilets within the store<br />The name 'Crossword' came up from the actual crossword puzzles, which provide both fun and a learning experience. The name symbolizes that the seeker would get knowledge, information and pleasure of reading. The gamut of products offered by the store includes books, music, stationary, magazines, toys and CD- ROMs. The products and services like Dial-a-book, Email-a-book have helped customers buy directly from their homes. Other facilities like gift vouchers, friendly 'Return, Exchange & Refunds' policy make shopping a pleasant experience for the customers.<br />Crossword has 93,000 loyal customers retained through programs with points, discounts, promotional offers and monthly e-newsletters which provide them more 'eWords' to update them about news, new books, events and bestseller lists. <br />It is a center for social and cultural gatherings, debates, discussions, and readings on various subjects to enlighten and entertain people. Subjects ranging from war and peace, travel, business and management are generally the topics of discussion. <br />Accolades received:<br />Business world has ranked it 6th among the most admired retailers for the year 2006. <br />Awarded Reid & Taylor Best Retailer of the year - Leisure & Specialty at the India Retail Summit 2005. <br />Crossword was honoured by the Federation of Indian Publishers for excellence in Publishing for the year 2004. <br />Crossword spreads through forty-three stores across cities like Mumbai, Kolkata, Chennai, Pune, Ghaziabad, Bangalore, Ahmedabad, Vadodara, Gurgaon and Hyderabad. <br />Site: <br />7<br /> ITC has made a presence in the Retail sector through its exclusive specialty store - 'Wills Lifestyle'. It has developed itself as a fashion destination offering a range of apparels and accessories. Top designers of the industry design these clothes. The store offers Wills Classic work wear, Wills Sport relaxed wear, fashion accessories and bath & body care products. Wills Lifestyle has also developed John Players as a brand that offers a fine collection of clothes for dynamic and vibrant people. ITC believes in the philosophy of enjoying the changing environment. This season Wills Lifestyle has brought a complete array of products for every aspect and mood of life be it work, relaxation or party. The store offers a truly 'International Shopping Experience' through world-class environment and a robust portfolio of offerings. <br /> <br />Super brands Council of India awarded the title of Superbrand 2006 to Wills Lifestyle. It is the title partner of the premier fashion event - Wills Lifestyle India Fashion Week. Leading designers such as Rahul Khanna, Manish Malhotra and Monisha Jaising have been promoting the brand. Wills Sport was designated as the 'The Most Admired Brand Launch of the Year' at the Images Fashion Awards 2001. ITC entered the youth fashion market with the brand known as John Players in December 2002. John Players is available across the country in over 125 exclusive stores and over 1500 multi-brand outlets; also declared as 'The Most Admired Shirt Brand of the Year' at the Images Fashion Awards 2005.<br />Quality, marketing and product excellence are the areas on which the company emphasizes. <br />Lifestyle Retail Business Division has won several Images Fashion Awards; some of them are:<br />NID Awards for Design Excellence 2006 for Best Packaging Design in the FMCG Category for John Players.<br />2005: Most Admired Shirt Brand of the Year - John Players <br />2004: Rising Star Brand of the Year - John Players <br />2003: Most Admired Exclusive Brand Retail Chain of the Year - Wills Lifestyle <br />2002: Most Admired Women's Wear Brand of the Year - Wills Sport<br />2001: The Most Admired Brand Launch of the Year - Wills Sport <br />The Most Admired Exclusive Brand Retail Chain of the Year - Wills Lifestyle<br />REGISTERED OFFICE <br />ITC Limited<br />Lifestyle Retailing Business Division<br />86 Udyog Vihar, Phase I, Gurgaon-122016<br />ISD Code: 91-(0) 124 Tel: 4588200 Fax: 4001351/4002518 <br /> <br />8 Globus was launched in 1998 as a part of the Rajan Raheja Group. The company opened its first outlet in Indore followed by two more in Chennai. The flagship store was opened on 1st November 2001 in Mumbai, followed by a vibrant store in New Delhi. Subsequently, its stores were launched in Bangalore, Ghaziabad, Kanpur, Ahmedabad, Noida, Lucknow, Varanasi and Hyderabad.<br />The organization has an innovative and adaptive environment. Globus has achieved customer delight by presenting value products and services through continuous improvement. It has a team of dedicated and passionate employees maintained by constant training. <br /> <br />Globus has developed long lasting relationships with its business partners. It employs the best practices of the industry through cost analysis. It has brought about a veritable revolution in the retail industry through its constant efforts and innovation in apparels. It has been a benchmark for many upcoming retailers. It has brought about an important change in the industry and has distinguished itself from others. Globus has acquired the best processes and procedures in various fields, such as Marketing & Brand Development, Research & Design, Human Resources, Services, Administering Policies & Procedures and Production & Merchandising.<br />The group wishes to add 100 fashion stores by the end of 2008. It has blended its resources of technology and people in such a way as to get a competitive advantage over others. <br />Globus Stores Pvt Limited<br />quot; Rahejasquot; , Corner of Main Avenue and V.P. Road, Santacruz (West), Mumbai - 400 054 <br />E-mail: <br />Web URL: <br /> <br />9 <br />Piramal Enterprises made its foray into the retail industry in 1999. It entered the market with a lifestyle department store called Piramyd Megastore, a shopping mall called Crossroads and a family entertainment center called Jammin. The current annual turnover of the organization stands at $20 million. The company has over 50 retail outlets across the country, first of them launched in North India. The CEO of the company is Mr. Ajay Piramal. <br />The flagship company of Piramals is Nicholas Piramal. The organization owns a shopping mall in Mumbai known as Crossroads. The mall is spread over 1,50,000 square feet in four buildings across the city. The stores will also be located in Ludhiana, Delhi, Pune and Ahmedabad. <br /> It is on a land acquisition spree and has bought a number of properties throughout the country. The company has decided to scale up its operations and plunge itself in the retail sector. The company has been signing up contracts with many other organizations to expand its operations. <br />Piramals is planning to restructure its management into two independent business units. The lifestyle retailing, food, home and personal care would be split into Piramyd Megastore and Tru-Mart with their own business heads. As the company is planning to expand its operations over the next few months, it needs to split business units to exercise better management. The company is expected to own 13 Megastores and 61 TruMarts by 2008. <br />Corporate Office: <br />Pyramid Retail Limited<br />Khatau House, Ground Floor, Mogul Lane, Mahim - West, <br />Mumbai - 400 016<br />Contact Person/Compliance Officer: Mr. M.V. Balajee <br />Email: <br /> <br />10 Ebony launched its store in 1994 at South Extension, New Delhi. Its main goal is to give world-class shopping experience to the Indian consumer. It has successfully opened seven stores across seven cities in India. <br />Ebony Retail Holdings Ltd has initiated several industry trends, making a distinguished place for itself in the industry. The most prominent and successful Ebony in-house brand are ETC and a special books and music venture called Wordsworth.Ebony has opened its stores in Chandigarh, Noida, Ludhiana, Jalandhar, Amritsar and Faridabad apart from New Delhi. <br /> <br />Almost 8000 people visit its stores everyday and the figures double during the weekends. It is known for its value added benefits, promotions, and discounts throughout the year. It keeps its employees motivated and encouraged through regular promotions and incentives.<br />The range of products and services offered by the company include well known apparel brands, household items, cosmetics and personal care products, jewellery, fashion accessories, household items, cosmetics, furnishing, crystal wear, books and music, sourced from across the world. Ebony also has a marketing tie- up with Planet M.<br />The company has formed 'Ebony Elite Club', which comprises of 55000 Ebony loyalists. The club introduces various promotional schemes, privileges, discounts through Ebony Gold card issued for the club members.<br />DS Group is the promoter of Ebony Retail Holdings Ltd., which is a multinational company founded in the 1940s. It is known for its operations in various verticals but in India the group is making its imprints in retailing and infrastructure. <br />Address<br />F 2/1, Khanpur Extn.<br />New Delhi - 110062<br />Phone: 91-11-29551296<br />91-11-29552057 <br />Fax: 91-11-29552957<br />Site: <br /> <br />new page<br />The retail scenario is one of the fastest growing industries in India over the last couple of years. India retail sector comprises of organized retail and unorganized retail sector. Traditionally the retail market in India was largely unorganized; however with changing consumer preferences, organized retail is gradually becoming popular. Unorganized retailing consists of small and medium grocery store, medicine stores, subzi mandi, kirana stores, paan shops etc. More than 90% of retailing in India fall into the unorganized sector, the organized sector is largely concentrated in big cities. Organized retail in India is expected to grow 25-30 per cent yearly and is expected to increase from Rs35, 000 crore in 2004-05 to Rs109, 000 crore ($24 billion) by 2010.<br /> <br />Quick facts on Indian Retail sector<br />•Indian Retail sector is the fifth largest global retail destination.<br />•India retail market is dominated by the unorganized sector.<br />•The top five companies in retail hold a combined market share of less than 2%.<br />•The Indian retail market has been ranked by AT Kearney's eighth annual Global Retail Development Index (GRDI), in 2009 as the most attractive emerging market for investment in the retail sector.<br />•Currently the share of retail trade in India's GDP is around 12 per cent, and is estimated to reach 22 per cent by 2010.<br />•According to Government of India estimate the retail sector is likely to grow to a value of Rs. 2,00,000 crore (US$45 billion) and could yield 10 to 15 million retail jobs in the coming five years; currently this industry employs 8% of the working population.<br />•India continues to be among the most attractive countries for global retailers. According to the Department of Industrial Policy and Promotion, approximately US$ 47.43 million was the amount of Foreign Direct Investment (FDI) inflow as on September 2009, in single-brand retail trading.<br />More than 80% of the retail sector in the country is concentrated in the large cities. A study reveals that among the more than 20 locations, for organized retail in India, Mumbai was found to be the most preferred location followed closely by Bengaluru in the second position.<br />Key Players in Indian Retail Sector<br />•AV Birla Group has a strong presence in apparel retail and owns renowned brands like Allen Solly, Louis Phillipe, Trouser Town, Van Heusen and Peter England. The company has investment plans to the tune of Rs 8000 – 9000 crores till 2010.<br />•Trent is a subsidiary of the Tata group; it operates lifestyle retail chain, book and music retail chain, consumer electronics chain etc. Westside, the lifestyle retail chain registered a turnover of Rs 3.58 mn in 2006<br />•Landmark Group invested Rs. 300 crores to expand Max chain, and Rs 100 crores on Citymax 3 star hotel chain. Lifestyle International is their international brand business.<br />•K Raheja Corp Group has a turnover of Rs 6.75 billion which is expected to cross US$100 million mark by 2010. Segments include books, music and gifts, apparel, entertainment etc.<br />•Reliance has more than 300 Reliance Fresh stores; they have multiple formats and their sale is expected to be Rs 90,000 crores ($20 billion) by 2009-10.<br />•Pantaloon Retail has 450 stores across the country and revenue of over Rs. 20 billion and is expected to touch 30 million by 2010. Segments include Food & grocery, e-tailing, home solutions, consumer electronics, entertainment, shoes, books, music & gifts, health & beauty care services.<br />Retail and recession<br />The global economic slump has had its impact on the India retail sector. One of the earliest players in the Indian retail scenario Subhiksha's operations came to a near standstill and required liquidity injection. Vishal Retail secured corporate debt restructuring (CDR) plan from its lenders while other players like the Reliance Retail run by Mukesh Ambani and Pantaloon led Kishore Biyani by went slow on expansion plans and even scaled down operations. However, during the last quarter a bit of confidence was restored as the economy showed signs of growth. <br />Future Trends<br />•Lifestyle International, a division of Landmark Group, plans to have more than 50 stores across India by 2012–13. <br />•Shoppers Stop has plans to invest Rs250 crore to open 15 new supermarkets in the coming three years.<br />•Pantaloon Retail India (PRIL) plans to invest US$ 77.88 million this fiscal to add up to existing 2.4 million sq ft retail space. PRIL intends to set up 155 Big Bazaar stores by 2014, raising its total network to 275 stores.<br />•Timex India will open another 52 stores by March 2011 at an investment of US$ 1.3 million taking its total store count to 120. In the first six months of the current fiscal ending September 30, 2009, the company has recorded a net profit of US$ 1.2 million.<br />•Australia's Retail Food Group is planning to enter the Indian market in 2010. It has plans to clock US$ 87 million revenue in five years. In 20 years they expect the India operations to be larger than the Australia operations. <br /> <br />Date of Establishment 1925 <br />Revenue 299.154 ( USD in Millions )<br />Market Cap 25673.916554( Rs. in Millions )<br />Corporate Address Plot No 156/ H No 2, Village Zadgaon ,Ratnagiri- 415612,<br />Management Details <br />Chairperson - Gautam Hari Singhania MD - Gautam Hari SinghaniaDirectors - B V Bhargava, Gautam Hari Singhania, I D Agarwal, Nabankur Gupta, Nana Chudasama, P K Bhandari, Pradeep Guha, R Narayanan, Shailesh Haribhakti, Shailesh V Haribhakti, Thomas Fernandes, U V Rao, Vijaypat Singhania <br />Business Operation Textile Background - Raymond was incorporated in 1925 and is a leading Indian textile major. The company is part of global conglomerate Raymond Group.<br />Raymond produces wool-blended and premium polyester viscose worsted suiting. Besides, Textile Company has also diversified in engineering and aviation. <br />Raymond is largest manufacturer of steel files in the world accounting 30% of market share.<br />Financials Total Income - Rs. 14360.384 Million (year ending Mar 2010) Net Profit - Rs. 263.651 Million (year ending Mar 2010)<br /> Company Secretary - Thomas Fernandes<br />Bankers - Bank of America, Bank of India, Bank of Maharashtra, Central Bank of India, Citi Bank, HDFC Bank, HSBC Bank, Standard Chartered Bank, State Bank of India Auditors Dalal & Shah <br />Date of Establishment 2006<br />Market Cap - Rs. 370,687.7 crores (April 11, 2008) (Reliance Industries Ltd.)<br />Address - Reliance Industries Limited, Makers Chambers - IV, <br />Nariman Point, Mumbai 400 021, Maharashtra, India<br />Branches <br />Chennai, New Delhi, Hyderabad, Jaipur, Mumbai, Chandigarh, Ludhiana, Orissa, UP and West Bengal<br />Management Team <br />Mukesh D. Ambani - Chairman & Managing Director Nikhil R. Meswani - Executive Director Hital R. Meswani - Executive Director H.S.Kohli - Executive Director Ramniklal H. Ambani Mansingh L. Bhakta Yogendra P. Trivedi Dr. D. V. Kapur M. P. Modi S. Venkitaramanan Prof. Ashok Misra Prof. Dipak C Jain Dr. Raghunath Anant Mashelkar <br />Overview <br />Reliance Fresh falls under Reliance Industries. It is the first retail venture of the Group. The company offers fresh fruits and vegetables, staples, groceries, fresh juice bars, FMCG products and dairy products and non-vegetarian items. Reliance Industries has invested nearly Rs. 3,000 crores to expand the Reliance Fresh stores. Reliance Fresh directly buys stock from the farmers to cut down on the wastage. The stores work on The Ranger Format which means selling of fresh vegetables to the road sellers. Reliance Retail has signed a pact with Apple for the establishment of a chain of Apple Specialty Stores branded as iStore, starting with Bangalore. <br />