Monday, 25 August 2014

Mahindra bullish on e-commerce, plans retail expansion

Bullish on e-commerce potential in India, Mahindra group is set to expand in the segment with its specialty retail venture Mom & Me and also gearing up to adopt franchise model for the next stage of expansion. 

At present, the group operates 110 company-owned stores and is looking to go franchise route for further expansion of Mom & Me that focusses on maternity and infantcare products. 

On whether the group would be looking to invest in other e-commerce companies, Mahindra said at present the focus was on expanding the reach of Mom & Me. 


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