Plastic furniture maker Nilkamal Plastics Ltd has planned to invest Rs 1.5 billion to expand its furniture retail chain ‘@home’.
“We are looking at an investment of around 1.5 billion rupees in the coming two-three years to expand our stores,” Manish Parekh, director, Nilkamal Plastics, said in a statement.
Presently, the company runs 13 stores and plans to expand the count by opening around 50 more. It is also eyeing revenue of more than six billion rupees from the venture.
