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Woodland to infuse Rs 50-70 cr in capacity expansion

Thursday, 13 Oct 2022

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Woodland intends to raise production capacity and open 10 new stores by the end of FY23.

The company will infuse Rs 50-70 crore annually in capacity expansion and new store additions. The company will invest on average between Rs two crore and Rs three crore to build a 2,000 sq ft store.

Woodland will continue to concentrate on metros and mini-metros for opening the new stores. It will go to the places where our dealers and distributors are already established.