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Visakhapatnam March 15 The Magna group opened three food outlets in the city on Thursday at Madhavadhara, Daba Gardens and Lawson's Bay Colony.

The outlets will have 8,000 products of daily use. "We are planning to open many more outlets in all districts," said Mr Sriram Kakkera, the CEO. He said such food outlets would soon be opened at Vizianagaram, Rajahmundry and Karimnagar. By 2008 the company will have 70 outlets in the State.

The company is also planning a Magna hypermarket at Dwarakanagar here, he said. It might be opened by Dussera. He said the group had one market at Nanded in Maharashtra. It will expand to Karnataka and Tamil Nadu as well, he added.

More Stories on : Retailing | Foods & Food Processing | Andhra Pradesh

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