Khadim to strengthen retail presence in Maharashtra with four new stores

By

Maverick Martins

Published
Dec 2, 2022

Footwear and accessories brand Khadim India Ltd is planning to strengthen its retail presence in the state of Maharashtra with the launch of four new stores.

The brand will open the four stores during the first quarter of the financial year 2023 as it sees huge growth potential in Maharashtra.

The brand already has a strong presence in Maharashtra with stores in Amravati, Borivali, Kalamboli, Sangli, Vashi, Vile Parle, Indira Nagar, and more.

Commenting on the expansion, Rittick Roy Burman, executive director of Khadim India Ltd in a statement said, “West is an important market for us. We have a long-term view on Maharashtra and will be strategically expanding our retail network across the state.”

Khadim aims to expand its brick-and-mortar retail presence beyond Tier 2 and 3 cities and open between 70 and 80 new stores. The brand is also eyeing Rs 800 crore in revenue in the 2023 financial year.

Founded in the 1960s, the Kolkata-based Khadim is present in 23 states and 1 union territory with 826 retail stores.