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Mafatlal to set up 50 showrooms this year
BS Reporter / Mumbai Aug 05, 2009, 15:49 IST

Mafatlal Industries (MIL), a flagship company of Arvind Mafatlal Group, is planning to open 50 showrooms this year across the country at an investment of Rs 6 crore.

With the domestic economy is growing at a sustained growth of over 5 per cent despite drawdowns in global economies, MIL is in the process setting up 10 showrooms in Maharashtra, 5 in Gujarat, 20 in Kerala, 5 in Tamil Nadu, 5 in Bihar and another 5 in Kolkata.

Currently, the company has 200 retail showrooms, and 6,000 retail outlets in both full-fledged and franchisee showrooms.

It also plans to increase its semi wholesale dealers from 300 to 500 and add another 500 retail showrooms over 5 years span.

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