Cantabil Retail expands retail presence with 10 new stores
Cantabil Retail India Ltd. has strengthened its retail presence in the Indian market with the addition of 10 new stores across the country in the month of December 2022.
The new stores have been opened in different states including Nagaland, Gujarat, Himachal Pradesh, Madhya Pradesh, Rajasthan, Haryana, and Punjab.
Commenting on the expansion, Deepak Bansal, director of Cantabil Retail India Ltd in a statement said, “We are delighted to announce the launch of 10 new Cantabil retail stores across the country. Cantabil Retail as a brand has been well received and admired amongst our customers in the mid-premium segment, across all age groups.”
“Today, we have a very strong presence across the country's length and breadth We aim to aggressively expand our retail presence further and achieve Rs 1,000 crore revenue over the next few years,” he added.
Cantabil Retail ended the calendar year 2022 with a total of 439 stores.
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