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Obeetee eyes 10 new stores in next three years

Luxury carpets exporter Obeetee, owned by Luxmi Tea Company, is going aggressive on retail expansion move with the launch of new stores in the metro cities. The company draws 80 percent of its business from export for hand-knotted carpets, is eyeing 10 stores in the next three years. The company has launched its second retail store in Delhi, has one outlet in Mumbai and intends to open one more in Hyderabad within the year. Retail domain is vibrant with the opening of the new flagship stores of leading brands such as Obeetee.

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