Spencer's to pump Rs 2,000 cr into expansion

New Delhi, Sep16: RPG Group's retail outlet brand Spencer's Retail will infuse Rs 2,000 crore in the next two to three years into expansion and renovation of its stores.

''We will invest a major chunk of Rs 2,000 crore in expanding our retail outlets to 1,000, while rest of the money will go for renovation in the next 2-3 years,'' company's Vice President (North) Satyaki Ghosh told UNI