Business Daily from THE HINDU group of publications
Thursday, Jun 29, 2006
Business Daily from THE HINDU group of publications Thursday, Jun 29, 2006 |
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Opinion
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Letters Investment in retail
"Reliance says it's ready for retail" (Business Line, June 28). According to Reliance, it is ready to make equity investments of up to Rs 10, 000 crore and will spend more than Rs 25,000 crore in the years to come. But how it is going to bring prosperity to farmers, small shopkeepers and consumers is not clear. Talking to reporters, the RIL Chairman, Mr Mukesh Ambani, said that he plans to invest Rs 1,500-2,000 crore in the retail business in Kolkata. He said his aim was to transform the agro-retail sector in the State. Will he consider forming agro-companies involving all farmers to make the reforms easier and more profitable to all the stakeholders? A. Jacob Sahayam Thiruvananthapuram Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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