Dubai-based Marina Home investing huge to open 50 stores in India

Marina Home, one of the leading home furnishings companies based in Dabai, is planning 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. Their target to have 50 stores comprising large and medium size boutique stores will be accommodated across metro, Tier I, II and III cities. This mega development in the retail sector is a fresh development which signage players engaging in in-shop branding, displays and other related activities can tap new projects in the sunrise sector.