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V-Mart Retail to invest Rs. 115 crore in FY20

Nidhi Jani 0 3465 Article rating: 5.0

The company is also is planning to appoint 2,000 people. The company’s manpower cost has grown to 8.2 per cent (as a percentage of sales) in Q1FY20 as compared to 7.8 per cent in the corresponding quarter last year. Talking about the contribution from private labels, the company is hoping to achieve 75 per cent share from the same vs 70 per cent at present.

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