StockWatch
·
Speciality Retail
Expansion13 Aug 2026, 02:02 pm

Sai Silks Launches 85th Store in Srikakulam, Andhra Pradesh

AI Summary

Sai Silks (Kalamandir) Ltd has announced the launch of its 85th store, located in Srikakulam, Andhra Pradesh. The new store operates under the company's "Kanchipuram Varamahalakshmi Silks" format. This expansion marks a significant step in the company's retail network growth, aiming to increase its market presence and accessibility to customers in new regions. The launch aligns with the company's strategy to broaden its reach and cater to a wider customer base.

Key Highlights

  • Company expands retail footprint with 85th store opening.
  • New store launched under the "Kanchipuram Varamahalakshmi Silks" brand.
  • Location of the new store is Srikakulam, Andhra Pradesh.
  • Expansion aims to increase market reach and customer accessibility.