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Café Coffee Day to open 400 outlets in three years

Cafe Coffee Day has set to invest up to Rs 450 crore over the next three years to open 400 outlets in the country while it completes all formalities to come out with its Rs 1,150-crore initial public offering in October. The company is in the process of getting final approvals to come out with our IPO before Dussehra (October 22). Over the next three years, the company plans to open 400 outlets with an investment of Rs 400-450 crore. All the stores are company owned and this is one big opportunity which signage players can tap for projects on in-shop displays, designs and related activities in the sector.

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