Subhiksha was an Indian retail chain with 1600 outlets selling groceries, fruits, vegetables, medicines and mobile phones. It was started and is managed by R Subramaniam, an IIM Ahmedabad alumnus. Subhiksha plans to open 1000 outlets by December 2008. He also plans to invest Rs.500 crore to increase the number of outlets to 2000 across the country by 2009. its turn over was 2305 crore in financial year 2008. The name Subhiksha means prosperity in Sanskrit.
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- Subhiksha was an Indian retail chain with 1600 outlets selling groceries, fruits, vegetables, medicines and mobile phones. It was started and is managed by R Subramaniam, an IIM Ahmedabad alumnus. Subhiksha plans to open 1000 outlets by December 2008. He also plans to invest Rs.500 crore to increase the number of outlets to 2000 across the country by 2009. its turn over was 2305 crore in financial year 2008. The name Subhiksha means prosperity in Sanskrit. It opened its first store in Thiruvanmiyur in Chennai in March, 1997 with an investment of about Rs. 5 lakhs. The retail chain has seen a considerable growth by offering goods at cheaper rates and there by increasing its customer base. It is also dubbed as India's largest retail chain. vision to deliver consistently better value to Indian consumers, has guided Subhiksha to deliver savings to all consumers on each and every item that they need in their daily lives, 365 days a year, without any compromise on quality of goods purchased. Subhiksha now has the pan Indian presence with stores across Delhi, UP, Punjab, Haryana, Gujarat, Maharashtra, AP, Karnataka and TN. It has recently commenced operation in Kerala also. Today, it is a multi-locational, professionally managed and vibrant organization. Subhiksha now has even opened Specialised Mobile shops called Subhiksha Mobile where mobiles are sold at a discounted price. As of January 2009, Subhiksha has been facing severe financial crises pertaining to liquidity. This has led to the shutting down of a large number of stores across the Nation.
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- Subhiksha was an Indian retail chain with 1600 outlets selling groceries, fruits, vegetables, medicines and mobile phones. It was started and is managed by R Subramaniam, an IIM Ahmedabad alumnus. Subhiksha plans to open 1000 outlets by December 2008. He also plans to invest Rs.500 crore to increase the number of outlets to 2000 across the country by 2009. its turn over was 2305 crore in financial year 2008. The name Subhiksha means prosperity in Sanskrit.
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