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Kidswear brand Poney to invest Rs 30 crore in India expansion, plans 25 more stores

Industry Retailing

Malaysian kidswear brand Poney through Ajanta International Group, with which Poney has a master franchise agreement in India, is planning to open 25 more outlets across India over the next five years. It has plans to open three more stores in the NCR (National Capital Region) by the end of this financial year and two more in Mumbai by the end of 2016. It aims to open at least five stores each year.
Extracted from ET, Dec 02,’15

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