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Bombay Dyeing’s makeover with investment and expansion plan

Related Keywords: Bombay Dyeing, building blocks, commence three to four new products every year, controlled by the Nusli Wadia family, double its multi-brand outlets, invest hundred crore in the brand, investment and expansion plan, oldest textile businesses in India, revive flagship textile business, slowly putting in place, triple revenue

Bombay Dyeing, one of the oldest textile businesses in India controlled by the Nusli Wadia family, is slowly putting in place the building blocks to revive its flagship textile business with investment and expansion plan.

The company plans to invest over Rs 100 crore in the brand, double its multi-brand outlets to 10,000, more than double its franchise stores to 500 and commence three to four new products every year, brokerage Dynamic Levels said in a note on Saturday.

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