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Snap Fitness plans 300 health clubs in India, to invest Rs 350 crore

US-based Snap Fitness plans to invest around Rs 350 crore to open 300 health clubs in India in the next three years as part of its expansion plans in the country.

 "As India is a priority market for us we are targeting to open 300 centres in India by end of 2017 and will be investing approximately Rs 350 crore for this," Snap Fitness India CEO B M Vikram told PTI. As per the current plans, out of new centres planned, 30 would be company owned while 270 will be through the franchise.

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