Intex Technologies (India) Ltd will invest about Rs 100 crore in FY 15-16 to boost its retail presence, starting with the metros, in India.
The company will open 400 exclusive stores - ‘Intex Smart World’ - in the country that will feature the company's range of mobile phones, speakers, IT accessories and televisions.
“It’s a right time for us to expand distribution strength in branded retail segment and provide a platform to consumer’s personal training and Information which leads to optimise the experience of Intex wide range of products for its customer," said Vishal Malik, DGM, Retail Business, Intex Technologies.