"Overall investment in opening of stores will be around Rs 140 crore and we have plans to take number of stores in the country to 350 in the next three years," Dabur H&B Stores Ltd CEO Peter Baker told reporters.
Each of these stores will cost around Rs 40-100 lakhs and half of them will be set up inside the shopping malls, he said.
In the current fiscal the company is planning to open around 20 stores followed by additional 50 stores in the next fiscal.
In the fiscal 2010-11, the company will set up around 100 more stores to take the total number of outlets to 350.
