Reliance Retail may breathe fresh in MP

Written by Vrishti Beniwal | Indore, Nov 6 | Updated: Nov 7 2007, 04:38am hrs
Reliance Retail may breathe fresh, at least in Madhya Pradesh. Unlike in Orissa and Uttar Pradesh, where the Mukesh Ambani-owned company was forced to shut operations after protest from farmers, Madhya Pradesh government doesnt see any threats from the firm on the unorganised retailers.

Madhya Pradesh chief minister Shivraj Singh Chouhan said Reliance Fresh stores would continue to operate in the state as there were no reports of the companys operations affecting small farmers. As long as law and order situation in the state is in place and the farmers are not affected, we would not have objection to organised retail, Chouhan told FE in a recent interview.

Reliance Retail presently has eight stores in Indore itself, where the Global Investors Summit was held recently, and is planning to open more such outlets across the state.

With a few months to go for the elections, the state chief minister sees Reliance as a big investor. In fact, the company CMD Mukesh Ambani had met Chouhan in Mumbai before the summit and expressed keenness to invest in Madhya Pradesh. One cant get the investor with shut eyes. We are trying to attract investment in sectors such as infrastructure development, agriculture, health and education, said Chouhan.