With the opening of a 12,000 square feet Croma outlet, Tata group’s consumer durable retail venture, Infiniti Retail Ltd. has announced its entry in New Delhi.
Addressing media, Ajit Joshi, chief executive officer and managing director, Infiniti Retail Ltd, said, “This is our 15th store in India and we are looking forward to a good response from Delhi.”
Joshi also revealed that the company is planning to come up with 20 more stores for Delhi and NCR markets in 2008. “Delhi is Infiniti Retail’s first venture in the North Indian Market and we are planning huge expansions here,” Joshi added.
The store, made with an investments over three crore rupees, will house 180 national and international brands across categories including home entertainment, small appliances, communication, music, imaging and gaming software.