Low-cost carrier SpiceJet is reportedly planning to enter new territories. The company is in final stages of preparation of entering retail business through a separate subsidiary company called SpiceJet Merchandise which was incorporated last year. Along with SpiceJet merchandise, apparel and electronic products will be available in the stores.
While SpiceJet owns 99 per cent of the company, one percent is held by promoter Ajay Singh.
SpiceJet was among the first private companies that stepped into the Indian aviation sector. It operates more than 340 daily flights to 45 destinations, including 6 international ones.
