Dubai's landmark to launch Max hypermarkets in India

Dubai, Sep 8 (UNI) Dubai-based Landmark Group is out to hit the Indian market with its hypermarkets under the brand name of Max.

The Dubai-based group has retail outlets across the GCC region and India.

The company, which has rolled out about nine Lifestyle stores in six Indian cities, is planning expansion through its concept stores, press reports said.

This includes the Max chain of value retail stores, Home Centres besides Max Hypermarkets.

The Group has identified places to start hypermarkets and started acquiring property spaces in Bangalore and Hyderabad for their discount stores.

A Ernst&Young report said currently there are less than 50 hypermarkets in India, operated by 4-5 big retailers.

India's 67 cities with population of half-a-million or more have potential to absorb many more hypermarkets in the next 4-5 years.

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