Thursday, February 28, 2008

MRPL Looks At South For Retail Outlets

Mangalore: Mangalore Refinery and Petrochemicals Ltd (MRPL) is concentrating more on southern States for the setting up of retail outlets. Nearly 60 per cent of the company''s retail outlets will be based in the South. The company is planning to establish 25 retail outlets during the current calendar year. Nearly 60 per cent of the retail outlets, under the brand name HiQ, will come up in Karnataka, Andhra Pradesh, Tamil Nadu and Kerala. Around 25 per cent of outlets will come up in Goa, Maharashtra and the Gujarat belt. The company, which set up its first HiQ outlet at Maddur on the Bangalore-Mysore highway recently, is focusing on Karnataka, Tamil Nadu and Andhra Pradesh in the first phase of outlet establishment. Of the 25 outlets targeted for the current calendar year, 15 outlets are likely to be established in Karnataka.

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