01 Jun 2023
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Gitanjali sets up company for mall development
Is part of its infrastructure development initiative
By: Diamond World News Service
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May 25 2008 7:33AM
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Reference: 2648  

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Gitanjali Gems Ltd. has ventured into infrastructure development for retail, which further adds thrust to its speedy penetration into retail. Through its fully-owned subsidiary Gitanjali Infratech Ltd., a company that deals in infrastructure project management, Gitanjali Gems has created a new company solely for the purpose of mall development - Kolkata Axis Mall Ltd.

One of its other infrastructure venture was creating a SPV- West Bengal SEZ Ltd., to develop India’s SEZs.

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