Nysaa Retail to invest Rs 100 crore for 80 stores

Nysaa Retail, which operates ‘1-India Family Mart’ retail chain, plans to invest Rs 100 crore to add 80 stores and aiming a turnover of Rs 1,100 crore by 2020-21 The company, which operates 80 stores in tier-II and -III cities in eastern and northern India, is expected to close the current fiscal with a turnover of Rs 420 crore. In the next phase of expansion the company is planning to focus on North East. Such expansion plan of Nysaa is an added business opportunity for the signage companies which engage in in-store projects.