Ahujasons Shawl Wale, producer and exporter of pashmina shawls, is planning to expand its retail footprint in India and overseas by opening more showrooms.
The company intends to invest Rs 140 crore to open 12 showrooms in India and six overseas in the next five years. The proposed investment will be financed through internal accruals.
The new showrooms will be a mix of company-owned and franchised. At present, Ahujasons has two retail outlets in Delhi, and one in Tokyo, Japan. The company plans to launch showrooms in Kolkata, Hong Kong, and Beijing in the next year.
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