Spring Air will invest Rs. 100cr in 2 years to open 100 showrooms.

US-based premium mattresses maker Spring Air will invest Rs. 100 crore in the next two years to open 100 standalone showrooms across India.

'We want to expand in India by opening 100 exclusive showrooms in the next two years. We will invest Rs. 100 crore for that,' Spring Air CEO (India & Middle East) Ashok Sharma told.

At present, the company has 30 standalone showrooms in the country. All the new Spring Air showrooms will be company owned and operated and will come up in metro and tier I towns.

The company, which launched its fourth manufacturing plant in Kolkata, West Bengal in October 2014, is looking at up to 25 per cent revenue growth this fiscal.

'With our fourth plant ready, we are aiming 40 per cent revenue growth this year,' Sharma added.


ET