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Wednesday, Jul 06, 2005

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Osim India plans expansion

Our Bureau

NEW DELHI: Osim India, which markets Singapore-based Osim International Ltd's life style products, has earmarked Rs 25 crore to open 50 outlets across the country in the next three years.

It is planning to open their 10 more exclusive outlets by the end of this year in Pune, Chennai, Hyedrabad and Chandigarh soon.

The company is targeting a turnover of Rs 25 crore for the current fiscal and expects to cross the Rs 100-crore mark by the end of the third year.

It has already opened outlets in Hyderabad, Bangalore and Pune in the past two months and has signed an MoU with Shoppers' Stop.

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