Future ramping up presence in West Bengal

KOLKATA: Kishore Biyani’s Future Group is ramping up its retail presence in West Bengal. The group has silently signed up properties in Howrah, Siliguri, Bardhaman, Kharagpur, Darjeeling and even Asansol to open stores and occupy approximately 29 lakh square feet (sq ft) of the state’s retail space.

Total investment being envisaged is over Rs 500 crore. The move is expected to shore up the group’s overall business from the state to Rs 800 crore by financial year ended June 30, 2008, from an estimated Rs 450 crore in the current year.

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