India: Focus on core business helps D-Mart emerge as top retailer

India: Focus on core business helps D-Mart emerge as top retailer

Neville Noronha, chief executive officer, Avenue Supermarts, says the company’s focus is on competing in the basics needs space and focus on efficiencies akin to what the global retailers have done. Photo: Aniruddha Chowdhury/Mint

India’s most profitable and fastest growing large modern retailer isn’t an arm of one of the big-name conglomerates.

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