Jaya Shree Textiles plans expansion

Jaya Shree Textiles, a unit of Aditya Birla Nuvo, plans to expand its retail network by opening exclusive brand outlets via franchise route. At present the company has 40 company-owned and franchised outlets and is all set to increase its store count to 100 exclusive outlets by 2014. The Rs 700-crore company is a manufacturer of woollen tops, linen fabrics, and garments.

Out of upcoming 60 new outlets approximately 10 would be company owned while the rest will be through franchising. The company has recently launched two franchise outlets in Chennai and Bengaluru.