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The UB Group, which has interests in spirits, aviation and pharmaceuticals, is contemplating entering the organised retail sector leveraging on its Kingfisher brand name.
"There is a compelling case for us to evaluate and we are definitely seriously evaluating," UB Group chairman Vijay Mallya told PTI on the sidelines of an event to announce Kingfisher as associate sponsor of Wills Lifestyle India Fashion Week to be held in New Delhi from April 5-9.
On the retail format, Mallya said though the matter was still under serious consideration and the brand name would definitely be 'Kingfisher.'
He, however, did not reveal details about the plans or investment for entering the sector.