Phoenix Mills plans to invest Rs. 2,000 crore for portfolio expansion.

The Phoenix Mills is planning to invest over Rs. 2,000 crore to support the ongoing portfolio expansion across key cities in the country including Pune, Bengaluru, Kolkata, and Surat in the current financial year 2023-24.

The retail-led mixed development company has already invested around Rs. 1,400 crore to fund the construction of these projects in 2022-23.

ET