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Nitco gears up to open around dozen new stores

Tiles maker Nitco has announced that it would open around a dozen new stores in various states to expand its retail footprint, as real estate and construction will pick up in the coming months. The company plans to open 10-12 new outlets over the next two-three months in Chandigarh, Kolkata, Amritsar, Haryana, Kerala and Tamil Nadu. Of these, the size of three will be large, while the remaining ones will be medium or semi-medium sized, said a statement from the company. The company has opened around 60 stores in the last few years and has 120 active franchisee-run stores in the country. Nitco’s aggressive retail expansion plan is a new business opportunity for the signage companies dealing in in-store branding and graphic projects.

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