"We are planning to foray into the alcohol retailing sector as there are good bargains and we are drawing plans," Mallya said while attending the 'IIM-A Conclave' in Ahmedabad .
He however did not elaborate on these plans. On the aviation sector Mallaya, who owns Kingfisher airlines, said that the company was planning to acquire $5 billion worth aircraft by 2010 for his airlines.
Mallaya, also a Member of Parliament, said that he would soon set up a training centre for pilots, cabin and ground staff.
The flamboyant entrepreneur said that his airlines was looking towards establishing connectivity with economically sound towns like Ludhiana and Guwahati, where he said the maximum number of Mercedes cars were being sold in the country.