Godrej & Boyce plans a Rs 40 crore investment over 3 years to expand in tier-II/III cities, aiming to double retail presence in 400 towns by FY27.
Godrej & Boyce, an Indian multinational conglomerate, plans to invest Rs 40 crore over 3 years to expand its presence in smaller cities, specifically targeting tier-II and tier-III markets. The company aims to double its retail presence in over 400 towns by FY27, focusing on store expansion, renovation, and a robust supply chain. This initiative is part of their goal to grow the topline by 15-20% annually.
March 03, 2024
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