SGS plans to open retail outlets in two years

Mumbai-based SGS Silk Mills Private Limited plans to open retail outlets across the country in the next two years, its managing director G D Rathi said on Thursday. He told reporters here that the company would have a single brand which would be marketed through all the retail outlets in India. With a Rs 70-crore turnover, the company has targeted mostly the middleclass customers of the country. Rathi said that SGS also supplies fabric to all the leading retail chains like Pantaloons and Shoppers’ Stop. He said that recently SGS International had been launched for manufacturing products in Thailand and Korea.
courtesy:economictimes
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