Decathlon to invest 100 mn euros in India in next 5 years to expand retail, manufacturing
Decathlon to invest 100 mn euros in India in next 5 years to expand retail, manufacturing
NEW DELHI: French sports retailer Decathlon on Wednesday said it will invest 100 million euros (around Rs 933 crore) in India, its one of the fastest growing markets, in the next five years to expand retail footprint and manufacturing operations.
The company expects its business to become double in next three to five years, said Decathlon India CEO Sankar Chaterjee.
The company plans to have a network of 190 stores, having presence in over 90 stores in next 5 years as part of its expansion, he added.
