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Nilkamal to expand stores

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Plastic furniture maker Nilkamal Plastics Ltd has planned to invest Rs 1.5 billion to expand its furniture retail chain ‘@home’.

“We are looking at an investment of around 1.5 billion rupees in the coming two-three years to expand our stores,” Manish Parekh, director, Nilkamal Plastics, said in a statement.

Presently, the company runs 13 stores and plans to expand the count by opening around 50 more. It is also eyeing revenue of more than six billion rupees from the venture.

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