MAS has been selling its Amanté branded lingerie in India since 2007, through its MAS Brands unit.
"We are targeting Rs 800-1,000 crore (135 to 170 million US dollars turnover by 2020 through a portfolio of brands, including Amante," Amalean was quoted as saying.
"We are looking at acquiring other brands to increase our reach and product offerings."The firm may also look at acquisitions, he said. MAS Holdings was also eyeing Malaysia and Indonesia.