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Bombay Dyeing adopts franchise model for expansion

Related Keywords: adopting franchise model, Bombay Dyeing, design studio, engaged a number of small manufacturers, investing in technology, largest producers of textiles, meet annual requirement, plans to treble retail turnover, product designs, research and development, retail or textiles segment, sourcing of cotton to spinning, talent and brands

Bombay Dyeing, one of India's largest producers of textiles, plans to treble retail turnover by adopting the franchise model. BDMCL posted Rs 1,845.7 crore turnover to which retail or textiles segment contributed to nearly 17 per cent or Rs 305.7 crore for FY16. It currently aims to achieve a turnover of Rs 1,000 crore by 2020.

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