The Mahindra Industrial group primarily focused on Automobiles and Finance ventured into retail few years ago with the launch of Mom & Me chain of stores exclusively catering to expecting mothers, new born babies. The retail business expanded to 45 cities with 99 stores as on date.
Mahindras now plan to add another more stores and reach 100 Cities / Towns on PAN India basis. The first two franchise stores are operational, one in Coimbatore the other is in Delhi. Since retailing is (more…)