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Shop CJ to Invest Rs 150 Cr in India to Improve Client Base

Industry Not elsewhere specified

Shop CJ, a home shopping platform, is planning to invest about Rs.150 crore in India during the current fiscal to expand its distribution network and improve the customer base. The company is also planning to open more regional television channels to expand its existing customer base of seven crore households. It has warehouses at Gurgaon, Mumbai and Bangalore, with plans to open a new warehouse in eastern India.

Extracted from NIE, Sep 22,’15

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