"Over the next three years, the company plans to inaugurate some 100 gyms across the length and breadth of Sri Lanka, investing about a crore in the latest equipment and technology in each of the facilities," Talwalkars said in a BSE filing.
The company today announced opening of 10 gyms in Sri Lanka in collaboration with the Colombo-based Power World Gyms Ltd (PWG). In October last year, Talwalkars had picked up a 49.5 per cent stake in PWG for an undisclosed sum.
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