Pune-based Universal Construction Machinery and Equipment Ltd is expanding its retail format in North India. The company has launched its eighth Universal Exclusive Store at Rudrapur recently.
The company has aggressive plans for its retail business and will expand its retail format to cities like Srinagar and Jaipur in next two to three months and will launch total of 35 stores across India the next two years.
The company already has Universal Exclusive showrooms at Surat, Nagpur, Patna , Coimbatore and Siligudy. Universal has not revealed any investment numbers for this expansion.
(Source: Business Standard)