Sai Silks Kalamandir expands presence in south India with retailer in Telangana
Ethnic put on retailer Sai Silks Kalamandir Ltd (SSKL) has strengthened its retail presence within the south Indian area with the launch of a brand new retailer in Telangana.
Sai Silks Kalamandir expands presence with retailer in Telangana – Sai Silks Kalamandir
The shop positioned in Khammam will supply a various vary of merchandise together with premium sarees, lehengas together with ethnic put on for males and youngsters.
Telangana is a crucial development marketplace for Sai Silks contributing 45 p.c to its whole income in fiscal 12 months 2023. With the addition of this retailer, the model at present has 26 shops within the state.
Commenting on the shop launch, Prasad Chalavadi, managing director of Sai Silks Kalamandir Ltd in an announcement mentioned, “We take immense delight in asserting the growth of our retail footprint within the area. By means of a meticulously deliberate retail growth technique, we’re dedicated to delivering a lot wanted development by increasing our presence in ever rising ethnic put on market in Telangana.”
“Within the fiscal 12 months of 2023, we discovered that Telangana was the highest earner for us, contributing a giant 44.90 p.c to our whole income. As we embark on the journey of opening one more chapter in Telangana, we’re poised to proceed our triumphant trajectory, resonating with the spirit of development and prosperity that defines our partnership with this vibrant area,” added Chalavadi.
Sai Silks Kalamandir at present runs 59 brick-and-mortar shops in states together with Karnataka, Telangana, Tamil Nadu, and Andhra Pradesh.
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