Radhakishan Damani's DMart to set shop in Delhi: Report
Billionaire Radhakishan Damani is set to take his supermarket retail chain DMart to Delhi in what would be a move beyond western and southern India, The Economic Times reported.
Avenue Supermarts, which owns DMart, has acquired about 50,000 square feet area in the Karkardooma court area of east Delhi, sources told the paper, while another source said the company is scouting space for four to five stores.
One of the country's largest supermarket chains, 200 DMarts operate across India currently. However, these are mostly concentrated in Maharashtra, Gujarat, Andhra Pradesh, Karnataka, Telangana, Rajasthan and Chhattisgarh. In the north, the chain has stores in Uttar Pradesh and Punjab, the report noted.