Future Group, India’s largest retailer, will set up a food park spreading over 100 acres in Bangalore. Construction on the park, land for which has already been acquired, will be completed within two years. The company has entered into a special purpose vehicle (SPV) to create infrastructure for the park, where vendors will be able to set up their base. The park, being set up as an expansion of Future Group’s retail business, will see a spot of about 20 percent held captive for the group, while the rest will remain open to vendors. Such new move in the forefront of the country’s retail sector will be an unmatched opportunities for signage companies, viz. PSPs, fabricators and others.
Future Group to set up 100-acre food park in Bangalore
- Post author:SignNews
- Post published:January 10, 2011
- Post category:New Business Opportunity
- Post comments:0 Comments
