Business Standard

S-Tex to invest Rs 100 crore for pan-India presence

Image

Press Trust of India Bengaluru

: Premium furnishing fabrics manufacturer S-Tex Thursday said it planned to invest Rs 100 crore to have a pan-India presence by 2027.

The company planned to open four new retail stores here by 2020 and the other showrooms in Chennai, Hyderabad, Kochi, Pune and Kolkata by 2022, managing director of the firm Srinith Sreedharan said in a press release.

''By 2027, we plan to have a pan-India presence with an investment of over 100 crore," he said.

S-Tex is engaged in the manufacture and export of yarn dyed home furnishing fabrics.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 20 2018 | 5:50 PM IST

Explore News