Bronet to invest Rs. 200 cr in Kerala.

Dubai-headquartered Bronet group, which is into retail, trading, IT, telecom and health care in West Asia, Singapore and Hong Kong, will invest Rs. 200 crore across various sectors in Kerala over the next three to four years as part of its expansion plans.

To begin with, the group will launch an international furniture and home accessories showroom under the brand name 'Stories' in Kozhikode. The showroom is spread across more than one lakh sq ft and will be launched by the end of January 2015.

The group plans to open a similar showroom in Kochi and in due course and expand to Bangalore, Chennai, Pune and Hyderabad, Bronet group Chairman KP Haris said.

HBL