Sahara India has jumped into the bandwagon of retail with the launch of Sahara Q Shop and they are planning to give competition to Future group, Reliance and Aditya Birla group etc with the announcement for launch of 800 Q Shops.
Features of Sahara Q Shop
- Initial investment of Rs. 3,000 crore.
- Launch in 5 states including UP, Bihar, Jharkhand, Rajasthan and Uttarakhand.
- Expansion in complete country by early 2013.
- Sahara India plans to introduce its own home brand.
- Set up extensive supply networks.
Verdict
We fail to understand that how Sahara group is surviving on borrowed money when it is on the verge of drowning. be wary of this group and avoid investment in Sahara group or its ventures as Subroto Roy is neck deep in trouble and it is good for your health too to avoid any association with this company.