Texvalley, owned by Erode Textile Mall, would be setting up its first mall in Erode to serve B2B and B2C segments through large format stores.
The company has claimed that the mall is expected to serve the nearby textile clusters such as Karur, Tirupur, Coimbatore and Salem.
Texvalley has earmarked about 4 lakh sq.ft. of the total land measuring 20 lakh sq. ft. in Erode, to serve the B2C segments in business and lifestyle in the region.
The initiative would see the creation of 2,000 direct jobs and 15,000 indirect jobs.
The footfall of Texvalley is expected to grow multi-folds from about 60,000 visitors a month to over 5 lakh business people, consumers and tourists in the next two years.
Devarajan C, Vice Chairman, Erode Textile Mall, said “The grand makeover is in alignment with our vision of promoting the business of our customers and boosting the experience of our visitors. Since inception, we have set several new benchmarks in the textile industry in India. The new Texvalley as South India’s only B2B and B2C integrated destination mall is in line with global retail trends.”
He further added that they expect a symbiotic relationship between B2B and B2C segments thus boosting business, enhancing customer experience and future proofing the asset.
Source : https://in.apparelresources.com/