Profit

WB govt welcomes big retail chains

PUBLISHED ON: July 4, 2007

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The 76-year-old market at Park Circus in Kolkata will soon be pulled down to make way for a upscale retail plaza over 2 lakh sq ft. Of the 2 lakh square feet, 1.5 lakh sq ft will be held by the developer Reliance Industries Limited. Quite unlike their Kerala counterparts, the government here is open to agri-retail as long as there is no monopoly.
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