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BIG plans to open 60 centres across the country within
10 years extending to Bangalore, Vadodara, Bhopal, Indore, Nagpur and
Pune. It will cover retail space of about 24 million sq. ft. and invest
about Rs.96 billion in the project.
Mr. Yehuda Naftali, pioneered and introduced the ‘Power
Centre/Open Mal’ concept in Israel and founded ‘BIG Shopping
Centers’ in 1994 with the prime objective to revolutionize the process
of Mall construction. BIG has established itself as the leading brand
and pioneers in developing innovative projects through the ‘Open
Mall’ concept - a unique platform for both Retailers and Shoppers
offering maximum advantage to its customers both in convenience and cost
Launching the Brand Mr. Eitan Bar Zeev, Director, BIG India Malls said,
“After our international success we are happy to make our appearance
on the Indian Mall scene, at a time when there is a demand for construction
of big box retail complexes. We will leverage on our international experience
and expertise leading the open shopping mall development market in India
offering our expertise gained over 30 yrs of providing innovative solutions
and unique style of Open Mall Concept based Shopping Centers.”
He said,“ Anticipating every retailer’s expectation
to acquire value, focused, convenient and larger retail concepts, BIG
promises to become an active participant in the fulfillment of their endevour
by creating quality value retail spaces with the right design and tenant
mix, by blending our International and local expertise.”
Speaking on the occasion, Mr. Sanjiv Trehon, CEO, BIG
India Malls, said, “The idea of BIG’s Open Mall concept represents
a revolutionary value based retailing format where both the retailers
and shoppers will come across a unique platform, new experience and rare
opportunity, conducive to maximum convenience and wise spending. “The
BIG Centres combine all the advantages and benefits of supermarket as
well as discount department stores by offering good mix of almost every
category of merchandise available at highly competitive price under one
roof” ”
He further added, in addition its distinctive features
like good visibility, exposure & accessibility, large open free parking
spaces, and verdant ambience will make BIG Centers an inviting, pleasant,
hassle free & pleasurable experience for the visitors of all ilk whether
seeking bargains or niche products. The introduction of open mall concept
in India by BIG will open the doors to local retailers to participate
in the organized retail revolution engulfing India today and in the coming
years.”
Internationally BIG and its Owner operate big box open
mall shopping centers in the US, Israel, India, Spain and starting operations
in Serbia
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