Dubai-based Landmark Group targets $1 billion, or about Rs 5,500 crore, business in India in the next two years, its vice-chairperson Renuka Jagtiani said.
The $4.7-billion (approx Rs 26,000 crore) group, which operates Lifestyle and Home Centre retail chains in the country, recorded revenues of about $600 million (about Rs 3,000 crore) last fiscal.
"India is growing well and we believe it's a big potential market for us," Jagtiani, wife of Landmark founder Micky Jagtiani, said over phone from Bangalore, where she is on a two-day visit.
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