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Infiniti Retail to open more Croma Electronics stores

Thursday, 28 Feb 2019
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Infiniti Retail, which owns the Croma Electronics retail chain, is planning to open large and small format stores to cater to different segment of households. Infiniti Retail is a subsidiary of the Tata Group.

The retail chain started consumer electronics and durables with a large format stores of 10,000 sq ft each. The retail chain will have 130 stores across the country by March 2019.

It also plans to open small format stores of 2,000 sq ft in smaller towns, crowded areas and near major metros.

The retail chain aims to open at least 1,000 large format stores in five years, beginning from FY18. Moreover, Inifiniti Retail plans to add 70 stores during FY19. It will see an investment of over Rs 300 crore.

 

 
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