Infiniti Retail rolling out more Croma stores

Tata Group’s Infiniti Retail, which runs Croma stores across India, has announced investment of Rs 100 crore to increase outlets to 80 by the end of current fiscal. The company currently has 47 stores across the country and total number of stores that the company will add this fiscal will depend upon factors such as availability of retail space. Each store would cost up to Rs 3.2 crore, which doesn’t include real estate cost as most of our store would come up only on rental premises. The company also announces the opening of three new stores in Delhi-NCR region. Croma stores have been strategic spots for in-store signage companies and the fresh unfold of new stores will be a new sunshine opportunity pouring in for the signage players.