Monday, March 21, 2011

Q

Founded By Ram Chandra Agarwal. At just 21, he began his career from a tiny 100 square feet shop in 1986 in Kolkata's Lal Bazaar area, selling readymade garments. He scraped together Rs 1 lakh (Rs 100,000) in family savings and loans from local moneylenders to open this shop. He envisioned a mega store that would sell garments at prices no one could match. This Ram Chandra Agarwal achieved through in-house manufacturing. It was known for the massive rush at the stores around Durga Puja, especially at the abandoned Tiger Cinema that Ram Chandra Agarwal had converted into a shop. Agarwal had to shut shop in Kolkata in 2001, on account of union problems. He moved to Delhi and started his retail store with the objective to cut the middle men. Which Retail Chain ?

A-Vishal Retail

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