S-Tex to invest Rs 100 crore for pan-India presence


Team Udayavani, Dec 21, 2018, 3:09 PM IST

Bengaluru: Premium furnishing fabrics manufacturer S-Tex on Thursday, December 20 said that it has planned to invest Rs 100 crore to have a pan-India presence by 2027.

The company planned to open four new retail stores here by 2020 and the other showrooms in Chennai, Hyderabad, Kochi, Pune and Kolkata by 2022, managing director of the firm Srinith Sreedharan said in a press release.

”By 2027, we plan to have a pan-India presence with an investment of over 100 crores,” he said.

S-Tex is engaged in the manufacture and export of yarn dyed home furnishing fabrics.

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