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| Indian retail chain closes stores |
| An Indian retailing firm operating Western-style supermarket stores has closed its stores in Communist-run West Bengal state after a spate of attacks.
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| INDIA
, 29-August-2007
3:25:27 AM |
| Reliance Retail stores have been attacked by supporters of left-wing parties in the past fortnight.
Raghu Pillai of Reliance Retail said stores has been shut down temporarily to protect the firm's properties and its employees.
Last week, the company's stores in Uttar Pradesh state were also attacked.
Reliance plans to invest some $500m in opening more than 100 such supermarket stores, five distribution hubs and 14 collection centres across West Bengal.
Expansion halted
Although the biggest party in Bengal's ruling Communist coalition, the Communist party of India (Marxist), agreed to allow the stores to operate, one of its allies, Forward Bloc, has joined hands with the opposition parties to oppose the plan.
Shaken by the attacks, Reliance Retail said it was shutting its shops and putting expansion plans on hold in West Bengal.
"We want to protect our company's properties and we have to ensure the safety of our employees. So we cannot open our stores at the moment", Raghu Pillai said.
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