| Biyani said, "The strategic alliance is going
to change the face of branded lifestyle retailing in India. The access
that we will now have of Sharmas retail expertise, as witnessed
in South East Asia, will create a landmark in the already booming
retail sector."
Sharma, on the other hand has been instrumental in bringing some
of the leading European and US brands to this part of the world.
Said he, "The fact that Planet Sports will now be working in
synergy with Pantaloons will give a leverage and a strategic advantage
to both the companies. Furthermore, the cohesion will bring about
a new momentum in the retail industry of the country. Biyanis
proactive, pragmatic approach and the vision he has for the thrust
of the retail sector will make us break new ground."
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