Moglix to expand to more towns

Moglix, the Ratan Tata-backed B2B e-commerce start-up, is looking to expand to more towns and set up warehouses to tap into the ‘growth spurt’ in online procurement of industrial products. The company plans to add five-to-seven warehouses and increase its penetration by entering at least 7-8 industrial manufacturing towns over the next 12-18 months.