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K Raheja Group To Invest Around Rs 525 Crore In Next 3 Years

Industry Retailing

K Raheja Group is planning to have 25 Hypercity stores and over 90 Shoppers Stop stores by FY 2018-19. For this, it plans to invest around Rs.525 crore over the next three years. It further said, every year Rs 100 crore investment will go for new stores, Rs 40-50 crore would go for the renovation of the existing stores and Rs 25-30 crore would go for omni-channel strategy.

Extracted from ET, Jan 05,’16

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