Godrej Industries to add more Nature’s Basket outlets

25 Feb 2013 Evaluate

Godrej Industries is likely to add more outlets of its premium gourmet stores - Nature’s Basket, taking its total number to 40 in about three years. Currently, Nature’s Basket has 26 stores in Mumbai, National Capital Region, Pune, Hyderabad and Bangalore.

The entity aims to target the Tier I cities and is not considering the Tier-II and Tier-III cities for expansion in the next three years. The gourmet stores chain has been witnessing increase in sales, which apart from opening new stores has helped in the overall growth of Nature’s Basket.

Godrej Industries is part of the Godrej group, one of the leading business groups in India and is in the businesses of Oleo-chemicals, surfactants, finance & investments and estate management. It has substantial interests in several industries including property development, oil palm plantation, animal feeds and agro-products, poultry, personal care and household care etc., through its subsidiaries, associate companies and joint venture.

Godrej Industries Share Price

1122.65 3.35 (0.30%)
23-Dec-2024 14:23 View Price Chart
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