Feb 24, 2022
D-Mart to open store in GIFT City
Feb 24, 2022
Mumbai-based Avenue Supermarts Limited, which owns and operates supermarket chain D-Mart plans to open a store in Gujarat International Finance Tec-City (GIFT City) at Gandhinagar.
GIFT City is India’s first operational smart city and International Financial Services Centre (IFSC). D-Mart has already been allotted development rights for development of the store in the GIFT City.
Commenting on the development, N Bhaskaran chief operating officer at Avenue Supermarts Limited (D-Mart) in a statement said, “We are sure that the new store will contribute to the integrated development model of GIFT City. We are looking forward to providing customers with a distinctive shopping experience, comprising a wide range of everyday consumer products.”
Tapan Ray, managing director and CEO of GIFT City added, “The addition of D-Mart will boost the integrated ecosystem offered by GIFT City where people enjoy a walk-to-work culture along with a good quality of life. This is a significant development as it will cater to the daily needs of the people living within GIFT City.”
D-Mart currently has 238 stores across India and opened 22 new stores in the 2021 financial year despite the challenges of the pandemic.
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