India based ethnic wear brand Fabindia plans to open nine more stores in the country by the end of this fiscal and three new stores in Odisha by June next year as leading media reports have indicated. Also, the company aims to clock Rs 1000 crore turnover by the end of this financial year.
At present, the company has 180 stores in 74 cities across the country with seven stores abroad and an online presence. The online platform contributes about two to three per cent to the total business.
