Reliance Trends Ltd is planning to increase its number of stores to 100 over the next 24 months from 12. The focus will be on the southern market.
Speaking to reporters here on Wednesday, Akhilesh Prasad, senior vice president and head national operations, said the major thrust area for the growth will be the southern market, especially Tamil Nadu. The company launched its first retail shop in the city today.
These shops will spread over 15,000 sft to 25,000 sft. While Prasad declined to comment on the proposed investment, he said such stores require Rs 1,500-2,000 per sft, excluding stocks.
