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Indian supermarket chains to go on expansion spree SECTIONS Share Synopsis Riding on a sharp recovery from pandemic-led blows, supermarket chains are aggressively looking to expand nationwide in the coming years, according to retail real estate companies. The big box retailers are betting on India’s long-term potential for organised food and grocery business, an estimated market of more than $500 billion. Agencies The store expansions will add heft to the companies’ omni-channel strategies, as they plan to use their outlets either as last-mile delivery points or to act as feeders to kiranas. New Delhi: More Retail is scouting for space in several cities as it aims to open 300 supermarkets and hypermarkets over the next three years, while Reliance Retail is looking for hundreds of properties for its Reliance Smart Point supermarket format, multiple real estate agents said.

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