Electrical goods major Havell's India is planning to increase the number of exclusive retail stores across the country to 200 from the present six in the next three years."We propose to increase the number of retail stores to 30 by the end of this fiscal, and to 200 in the next three years," Anil Gupta, joint managing director of Havell's said.Around Rs 125 crore will be invested this fiscal for the modernation of manufacturing facilities, he added.The company reported a turnover of Rs 1,100 crore in 2005-06, and is expected to post a topline of Rs 1,600 crore in 2006-07. "We expect a net profit ranging between Rs 90-95 crore in FY07," Gupta added.
