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Raymond to invest 100 crore for expansion

Raymond Ltd plans on investing Rs 100 crore to open about 300 stores across the country by end-March 2011 as part of its expansion plans.


October 07, 2009  |  comments ( 5 )  | 
Raymond to invest 100 crore for expansion

Raymond Ltd plans on investing Rs 100 crore to open about 300 stores across the country by end-March 2011 as part of its expansion plans. With plans to reach 712 towns, Raymond intends adding 50 new stores every quarter. Expecting the potential turnover to exceed Rs 200 crore from these stores on an annualised basis, the company is penetrating into India's hinterland by setting up 1,500 sq. ft stores in towns like Bijapur, Mandya, Ahmednagar, Bellary, Ghoti and Bhandara, among others. With the addition of about 300 stores the total number of the outlets of the company would go up to 800. The company aims to enhance its retail space by 50 per cent by 2011, adding more than 4.5-lakh sq. ft to existing floor area. 


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pankaj narang October 12, 2009 at 4:12 am

intersted in raymond franchisee in moradabad (u.p) inform me the terms & conditions

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rishabh seth October 10, 2009 at 6:06 am

HI im interested in Raymond franchisee... I have contacted raymond earlier also but at that they were not expanding ...plz mail me the details and exact person contacts for furhter communication. thanks. 00919888388388, 0097150-7595713

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clibe joshva October 08, 2009 at 9:39 pm

im interested in taking up raymond's franchisee, pl provide me with more details.

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Upendra kumar October 08, 2009 at 1:11 am

intrested in setup exclusive raymond outlet in new international airport road in bangalore north.

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kamal agarwal October 07, 2009 at 12:21 pm

Does Raymond work on frnchisee system? if yes, what are its terms?

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