Pil Italica Lifestyle plans to expand its base in the 5 southern Indian states by creating or acquiring or leasing additional manufacturing facilities to increase production by 3,600 tonnes per year.
To meet the needs of the South Indian market, the company currently has a distribution center in Bangalore and now plans to set up a distribution center in Hyderabad and Chennai. These distribution centers will allow faster distribution to the company’s current distributors and resellers and will also allow the company to grow further and faster in South India.
The company will announce its ambitious 5-year expansion plan at its AGM on June 24, 2021.
Powered by Capital Market – Live News
(This story was not edited by Business Standard staff and is auto-generated from a syndicated feed.)