Aggressive Expansion Back On The Agenda

Expressing its confidence in the resilience of India's current economic recovery, a confidence shared by BMI, domestic conglomerate Bharti Enterprises has announced plans to almost double the size of its Bharti Retail network during the current financial year. The aggressive expansion can be viewed in light of the robust domestic demand recovery, strong medium- and long-term private consumption growth forecasts and the chance to take advantage of weaker real estate prices. However, coinciding as it does with a flurry of recent growth announcements from other retail majors, BMI questions whether Bharti's plans might also be illustrative of a growing expectation

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