Mafatlal opens a ‘Family Shop’ in Agra

Mafatlal Industries (MIL) opened its doors to a ‘Mafatlal Family Shop’ at Central Business Park in Agra on September 19. The new store offers a wide range of textile products. Two more ‘Mafatlal Family Shops’ are slated to open in Pondichery and Nadiad this October.

Mafatlal plans to take the number of stores from current 110 to 200 ‘Family Shops’ in the next three years, while refurbishing the existing shops providing them a contemporary look. The company has an extensive dealer network comprising of 450 dealers and 45,000 retail points of sale. Its product range is available across India and supplied to overseas markets.

A manufacturer of denims and saris, Mafatlal reported annual net profit of Rs 23.84 crores for the year 2014/15, marginal 5.8 percent higher than same period last year. The company has reported annual sales of Rs 1013.46 crores during FY 2015.

Mafatlal Industries is manufacturer of quality textiles in India since 1905 and has vertically integrated composite state-of-the-art manufacturing facilities with the latest technology, machinery and infrastructure at its units located at Nadiad and Navsari in Gujarat.