New Launch9 Jun 2025, 03:57 pm
Saraswati Saree Depot Ltd. Launches First Exclusive Retail Outlet in Kolhapur
AI Summary
Saraswati Saree Depot Ltd. (SSDL) has launched its first exclusive retail outlet in Kolhapur, Maharashtra, marking its entry into the retail segment. The 15,000 sq. ft. store, with an initial investment of up to Rs. 2.8 Crore, is expected to generate revenues of Rs. 5-6 Crore in its first year. The company aims for a Return on Capital Employed (RoCE) of 20%. This strategic move is part of SSDL's long-term strategy to become more consumer-centric and build a direct connection with customers.
Key Highlights
- SSDL launches its first exclusive retail outlet in Kolhapur, Maharashtra.
- The outlet is a 15,000 sq. ft. flagship store with an initial investment of up to Rs. 2.8 Crore.
- The store is expected to generate revenues of Rs. 5-6 Crore in its first year.
- SSDL aims for a Return on Capital Employed (RoCE) of 20%.
- This move is part of SSDL's strategy to become more consumer-centric and build a direct connection with customers.