|  Dabur India is planning to foray into organised retail with a chain of 300-400 retail outlets, based on the health and beauty platform, across the country over the next few years.
Based on the model followed by foreign health and beauty retailers like Boots and Walgreen's, the Dabur India retail outlets, would sell pharmaceutical and OTC products as well as other products such as health food, confectionery, personal and baby care products and general merchandise. While Dabur is not tying up with a foreign partner, it is hiring a few expats with wide experience in the retail business to guide the new venture.
Retail will be the Dabur group's third major venture after FMCG and pharmaceuticals, and could over the medium-term become as big as the FMCG business. It is expected that the company would roll out the first few stores by the end of the calendar year. The stores would be located inside malls and would be set up in the metros and tier-I cities.
Dabur is said to have set aside an investment of Rs200 crore for its retail foray.
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