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Ashapura to enter retail business and plans to open stores soon

Mumbai-based Ashapura Intimates Fashion Ltd (AIFL) is one of the largest manufacturers of intimate wears. The company, which has a humble origin and grown without any peer supports from a scratch level, is now growing to touch a new pinnacle. So far, the company is only into manufacturing, but the plan is to foray into opening of its own flagship stores. They are planning to open 10-12 stores soon and further to boost it up to 200 at an investment of Rs 50-60 cr by 2020. This is the right time for the signage companies, whose activities involve in in-shop designs, branding and related tasks, to tap this unmatched business opportunity popping up in the burgeoning retail domain.

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