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Close to 7 per cent of the total revenue of Bombay Dyeing comes from Tamil Nadu and the company plans to increase it to 10 per cent, said Nagesh Rajanna, chief executive officer of Bombay Dyeing Retail while addressing the media persons.
The company had earned a revenue of Rs 306 crore in the last financial year. It plans to open 50 new stores and franchises in 40 towns in Tamil Nadu by 2020. It currently has 25 stores across nine towns in the state.
The company will enter 20 towns in the next one year through franchises, added Rajanna. (KD)
Fibre2Fashion News Desk – India
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