Good News for furnishing your homes back home. Dubai-based home furnishings company Marina Home which opened its first store in New Delhi plans to invest Rs 500 crore in India to open around 50 stores across the country in the next five years.
The company, which sells entire range of home interiors including living room accessories, lighting fixtures and fabrics, is aiming at Rs 300-400 crore turnover in its very first year of operations in the country.
“We plan to invest Rs 500 crore in the next five years in India. Our target is to have 50 stores comprising large and medium size boutique stores across metro, tier I, tier II and tier III cities in the country,” Marina Gulf and Marina Home co-founder and co-owner Khurshid Vakil told PTI.