Aran KitchenWorld has plans to strengthen its presence in India with 50 more stores across the country by the year 2010. As a part of this plan, the company has launched its flagship store at Rajouri Garden, New Delhi. Being one of the large format stores, it spreads over an area of 5000 sqft, the flagship showroom includes world class amenities designed by Italian architect.
Speaking on the occasion Rajesh Bohra, chairman managing director, Aran KitchenWorld, said, "We expect to double our revenue to Rs 36 crore for this fiscal from Rs 15 crore reported for the last fiscal. Through this joint venture, we are also planning to increase our market share to 15% in next three years".
Aran KitchenWorld also plans to deepen its capabilities through investments in infrastructure & technology. To accommodate anticipated expansion, Aran KitchenWorld will set up a manufacturing facility in Chennai by mid 2009.