Home / Knowledge / News / Apparel/Garments / Promart plans to open 170 outlets in smaller Indian cities
Promart plans to open 170 outlets in smaller Indian cities
Dec '12
Promart, India’s multi-brand discount clothing retailer plans to launch nearly 170 new outlets in Indian Tier II to Tier VI cities by the Fiscal Year 2014, the company’s CEO Punit Agarwal told PTI, Economic Times reported.
Along with the aggressive expansion drive, the retail chain is also eyeing a humongous turnover of about Rs. 7 billion by the end of next fiscal in 2014, Mr. Agarwal said.
In order to implement its rapid expansion plans, the company will invest nearly Rs. 500 million for increasing operations in smaller cities of India.
In addition to its future projects, the retailer plans to employ over 1,000 people in the year 2014. 
Acquired by Apple Group Of Companies and VEMB Lifestyle in 2011, Promart currently owns more than 32 outlets all over India.
The firm offers clothing from several international brands like Adidas, Arrow, Lee Cooper, Lotto, Provogue, Pepe, Puma, Spykar and Wills Classic. 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search