Grasim Industries is planning to expand its footprint in smaller cities and towns by opening around 100-120 retail stores over the next couple of years, a senior official of the company said. It also hopes for a surge in demand for textile products in the upcoming festive season.
«We are optimistic about the growth story of India.
We plan to expand in both retail and wholesale businesses. Over the next two years, we plan to open 100-120 Linen Club retail stores in smaller cities and towns,» Satyaki Ghosh, CEO, (Domestic Textiles), told PTI in an interview.
Linen Club is Grasim Textiles' premium brand of linen products.