V-Bazaar enters West Bengal, plans to open six stores next year

By

Maverick Martins

Published
Dec 3, 2019

Value family fashion retailer V-Bazaar has strengthened its retail presence by entering the state of West Bengal with its first store in Kaliachak.
 

The brand predominantly retails in tier 2 and 3 cities and the new store opening is part of its wider India retail expansion plan.
 
V-Bazaar has a strong presence in north India and is currently focusing on expanding in the rest of the country, which includes entering new states like Delhi NCR, Uttarakhand, and Assam. It plans to open six more stores in West Bengal over the next few months.

Commenting on the launch, Hemant Agarwal, managing director of V-Bazaar in a statement said: ”It is a very happy and proud moment for us to make our entry into West Bengal with our first store in Kaliachalk. Looking at the overwhelming response of our other stores in different states and cities, we thought of providing the same shopping experience to the people of Kaliachalk in West Bengal.
 
“Our focus is very much on the West Bengal as 5 to 6 more stores are lined up in the next few months,” he added.
 
V-Bazaar Retail had generated revenue of Rs 220 crore ($31.1 million) for the fiscal year 2018-19 and plans to add around 60-65 more stores by 2021.
 
Started by Hemant Agarwal, V-Bazaar is one of north India’s largest retail chains. It has over 60 stores across India.