Manish Agarwal, business head of Eastern Zone of the Future Group announced that they are opening a Big Bazaar in Shillong in a year’s time. He said that the focus of the retail conglomerate is very much on the Northeast with a number of outlets lined up in the next 18 months starting from Dimapur and Dibrugarh within the next two months.
Currently, there are four Big Bazaar outlets in the Northeast, one each in Guwahati, Jorhat, Agartala and Silchar. Agarwal added that they will also be opening stores in Tezpur, Nagaon, Sivasagar and Bongaigaon in the next 15 months while Imphal, Itanagar, Aizawl and Kohima will have one each in the next 18 months.
According to sources, the group plans to add two more Big Bazaar outlets in Guwahati. The Kishore Biyani led group also owns brands such as Brand Factory and Central. In fact, the Northeast became part of the group’s latest offering (Central) with the opening of its fashion and lifestyle store, Guwahati Central, here on Sunday. The four-storey outlet spread over one lakh square feet and set up at a cost of around Rs 350 crore, will have over 500 brands on offer.
Future Group is in talks with the Assam government for setting up a food park as well. Asked about the scale of investment made by the group in the Northeast, he said there are two kinds of investments, one relating to development of infrastructure and the other to interiors and stocks.