"The investments will be made jointly with our partners in respective countries," Hidesign president Dilip Kapur said.
This year the company is opening 11 more stores in India and three abroad, he said, adding there were 28 Hidesign stores in India and nine abroad at present.
"The company is looking at 40 per cent growth this fiscal and Hidesign will continue to introduce new collections," he said.
Hidesign registered a sales turnover of Rs 84 crore (Rs 840 million) last fiscal, of which Rs 11 crore (Rs 110 million) came from subsidiaries in South Africa and Dubai.
The company has introduced a new range of leather bags under the 'Riviera' collection and also announced opening of a new store in East Delhi.
