Leading retail chain, Shopper's Stop, plans to invest Rs 350 crore to set up 32 new stores and up its pan-India network to 60 in the next five-years, a top company official said.

"We have drawn up investment plans of Rs 200 crore for adding 18 new stores with about three million square feet in the next three-years period," Shrikhande said here. The stores will be opened at Ahmedabad, Amritsar, Mangalore, Mysore, Aurangabad, Chandigarh and other Tier II cities, he said.