<
The $3.5 billion (Rs16,800 crore) Dubai-based retail conglomerate Landmark Group, which operates Lifestyle, Home Centre, Max Retail and other retail formats in the country, plans to double its India revenue to Rs3,000 crore in two-and-a-half years.To drive this growth, the group’s Indian arm, Lifestyle International Pvt. Ltd, will invest around Rs1,000 crore over the next two years to expand its various formats, with an emphasis on Lifestyle and Home Centre, executive director Kabir Lumba said in an interview on Wednesday.
For 2009-10, Lifestyle International expects revenue of Rs1,400 crore, with Rs1,000 crore coming from Lifestyle and Home Centre.
Click here to read the original article