Footwear and apparel brand Woodland said it will invest over Rs 100 crore in this fiscal to set up a new manufacturing unit at Greater Noida and open 60 more exclusive stores in the country. The stores will be coming up mostly in the tier II and III cities.
"We are commissioning a new unit for denim and woven garments at Greater Noida with an investment of about Rs 60-70 crore. The production is likely to start in the next 3-4 months," Woodland Managing Director Harkirat Singh said.
Currently, the company operates over 300 exclusive outlets and also sells its products at over 400 multi-brand stores. It owns or operates 10 manufacturing units in North India for outdoor shoes. It outsources production of fashion footwear range to Vietnam and China.