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 Home > About Us > Phoenix Philosophy > Message From The MD

The Phoenix family has been on a growth trajectory in keeping with today's exciting times.

Heightened consumer expectations influenced by higher disposable incomes, globalisation and confidence and dynamism in the new young India are the major factors spurring huge growth in organised retail.

Though the present growth rate in organised retail constitutes only 3per cent of the total retail sector in India, going forward, this figure is expected to touch 25-30 per cent per annum.

Encouraged by these conditions, and with a great degree of faith in my team's capabilities, experience and skill sets, we are foraying into developing huge, iconic retail-led, mixed-use developments in Tier 1 cities. These “Market Cities”, as we call them, will include malls, shopping zones, entertainment complexes, five star hotels, office and residential complexes. This would, in effect, shift the centre of gravity from large cities to our developments.

The Phoenix Mills, a textile mill land conceptualised and developed by our team, is proof of our capability to execute and stands testimony to the presence of a new India and the Indian consumer's ability to spend.

Every year, over 10 million people visit the High Street Phoenix mall.

At High Street Phoenix, we have been able to attract the best retail outlets and create a holistic and fulfilling shopping experience for the consumer. We call this “A Day Well Spent” for the consumer. We are all geared to create some of the best, largest, and most significant retail-led developments in India, with the utmost attention to operational efficiencies.

 

With Regards,

Atul Ruia

Managing Director

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