Reliance Trends to open 150 stores by 2012 March

The company,with a Rs 14 crore turnover from 21 stores in the previous year,expected a turnover of Rs 350 crore during the fiscal,he said,adding that each store has an investment of Rs six crore to Rs eight crore,including stocks.

The stores sell apparels at very affordable prices,such as Rs 199 for a shirt,Rs 299 for a pair of jeans,men8217;s Tee shirts for rs.99 and Rs.79 for kids wear,he said.

On sourcing the apparels,Ananthanarayanan said the company has 100 vendors across the country,including Chennai and Tirupur in Tamil Nadu.

Asked whether there are plans to increase the number of vendors,he said the manufacturing capacity of each vendor would be increased to meet the demands.