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Lifestyle to invest Rs 4.5 bn in India by ’11

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Dubai-based Landmark group promoted Lifestyle International has planned to open 35 Lifestyle stores and 15 Home Centre showrooms in India by 2011. As part of the plan, the company will invest Rs 4.5 billion over the next two years, informed a top company officials.

Speaking on the store launch in Mumbai, Kabir Lumba, executive director, Lifestyle International, said, “We will add 35 Lifestyle stores and 15 Home Center showrooms by 2011 in India.”

While Lifestyle stores retail products including apparels, footwear and health & beauty, Home Centre retails furniture, home décor and soft furnishing.

Currently the company operates 16 Lifestyle stores and seven Home Centre outlets across the country.

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