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Monday, 22 August 2016

SpiceJet sets up unit for consumer merchandise business

New Delhi: No-frills airline SpiceJet today said it has incorporated a subsidiary that will focus on consumer merchandise and goods business.

The move is expected to help the carrier in diversifying its revenue streams.


The wholly-owned subsidiary 'SpiceJet Merchandise Private Limited' would engage in business of various goods including readymade apparels, through various channels.

In a regulatory filing, SpiceJet said the arm would "engage in the business of consumer merchandise and goods that will include electronic items, readymade apparels, accessories etc."

To Read the News in Full 27/07/16 PTI/Economic Times
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