Tata Steel plans to take 'steeljunction' to other cities

Kolkata, Aug 20: Tata Steel, which entered into organised retailing with a pilot project Steeljunction' in the city, is working on a business plan to develop this line of activity to other cities as well.

Depending on the success of the pilot project the company is keen to expand the retailing business to other cities as well, Tata Steel Chief (Retail Initiatives) Sumit Ray said.

'Steeljunction' retails steel-made household appliances and cutlery.

Mr Ray said steeljunction was doing well and registering 350 to 400 footfalls per day.

In the six months of its operation, the outlet has clocked a sales of Rs four crore, he said adding that the average billing was increasing each day.

Mr Ray said the company would take a view on the retail business after one year of operations of the pilot project.

UNI