Guradian Lifecare plans to add 100 retail pharma stores in India

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Category: Pharma Distribution & Licensing

Guradian Lifeceare, the retail pharmacy chain is planning to set up 100 stores in India by 2010 with an investment of Rs. 750 million. Currently, the company has 160 stores in operation with average size of its store at 600 sq.feet and empoys around 900 people. Indian market for retail pharma is pegged at Rs.330,000 million and expects to earn revenues of Rs.2500 million in this fiscal.

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