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Pennar Industries plans of setting up 100 new ‘Build360’ outlets by 2023

Yet another business opportunity for signage companies engaging in in-store signage and graphic projects is that Pennar Industries Limited (PIL) is planning to scale up the number of its retail outlets for its branded building products ‘Build 360’. The company opened its first outlet in 2017 in Vijayawada and currently operates 11 stores in southern cities. Encouraged by the response, the company is planning to ramp up the business by opening more stores. PIL has been working on a five-year business plan of setting up 100 ‘Build360’ stores by 2023. Currently, ‘Build360’ product range includes round and section pipes, sheets and plates special sections, structural steels, and accessories. Going forward, the stores will house third-party products such as TMT steel, paint, cement, wall putty, drill machines, agricultural tools, etc.

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