S.Kumars plans Rs 400cr capex over 4yrs

S.Kumars Nationwide is planning an investment of Rs 400 crore over the next four years for expansion-cum-diversification.

According to a release issued by S.Kumars Nationwide to the BSE today, the company is planning Rs 90 crore investment for expansion of the Reid & Taylor manufacturing capacity, and Rs 50 crore investment for ready-to-wear garments.

"The company is planning to increase the number of showrooms from 16 to 200 and retail outlets to 11,000 from the existing 5,800 by 2008," the release added.