Gitanjali Lifestyle to open 200 stores by 2010

New Delhi, Oct 28: Gitanjali Lifestyle Ltd, a wholly-owned subsidiary of the Rs 3,500-crore Gitanjali Group, is on a major expansion spree as it plans to open 200 outlets across the country over the next three years, entailing an investment of Rs 150 crore.

''Sensing a huge potential in this sector, we decided to venture into the business of retailing branded lifestyle products with an initial investment of Rs 150 crore,'' Gitanjali Lifestyle Ltd Managing Director Gaurav Marya told UNI