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V-Mart to open 150 stores by next fiscal

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V-Mart, the family fashion store intends to reach a target of 150 stores by next fiscal. It will open new outlets in Jharkhand, Odisha, other eastern states, Jammu & Kashmir and Udhampur. They already have a store in Srinagar.

The multi-brand chain has recently entered a tie up with Saksham Trust – school for children with visual impairment and multiple disabilities. Together they will sell talking calculator, talking thermometer, book reading and recording devices.

V-Mart will be introducing these smart devices in a range of Rs 2 to Rs 11, 500 in six of its stores. It will then gradually be made available in 50 other stores in near future.

The company is also in talking terms with other organisations and schools for differently abled children in order to introduce new products for them.

“We will have up to 150 stores by the end of FY2016-17. We will add around 27 stores in states such as Uttar Pradesh, Jharkhand, Bihar, Odisha and West Bengal,” CEO, V-Mart  Lalit Agarwal was quoted by PTI in saying.

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