Home / Knowledge / News / Apparel/Garments / V-Mart to set up 27 more stores in FY17
V-Mart to set up 27 more stores in FY17
Mar '16
Multi-brand retail chain V-Mart is on an expansion mode. It will turn its focus on eastern states with plans to open stores in Jharkhand and Odisha next fiscal to take the number of its outlets to 150.

V-Mart currently operates 123 stores across 106 cities in 14 states and union territories, and is focusing on Tier-II and -III towns for opening stores in the next fiscal.

"We will have up to 150 stores by the end of FY2016-17. We will add around 27 stores in states such as Uttar Pradesh, Jharkhand, Bihar, Odisha and West Bengal," V-Mart Chairman and Managing Director Lalit Agarwal told PTI.

V-Mart also has plans to increase its footprints in Jammu and Kashmir with two more stores in Jammu and Udhampur. The company now has a single store in Srinagar in the state.

V-Mart had a revenue of Rs 720.50 crore in FY2014-15. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search