The maiden outlet of Homespaces was rolled out in Chandigarh on Sunday and the group has plans to open 300 outlets across India this year.
The Punjab-based company initially plans to open 30 company-owned stores across the country by March 2008 and it has zeroed in on ten locations in north India for rolling out its outlets and six of them will be set up in Punjab.
P K Markanday, chief executive officer, Abhishek Home Textiles, Trident Group, told Business Standard that about 300 stores would be opened across India in the next three years at a cumulative investment of about Rs 200 crore.
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