Gitanjali sets up company for mall development

Is part of its infrastructure development initiative
Gitanjali sets up company for mall development

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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