V-Bazaar's Bold Expansion: 2.5x Workforce Increase and 250 Store Goal
V-Bazaar plans a major expansion, aiming to increase its workforce to 10,000 and open over 250 stores, primarily in Tier III and IV markets. The strategy focuses on creating local opportunities and robust networks. Chairperson Hemant Agarwal emphasizes the company's structured growth plan.
Fashion retailer V-Bazaar announced an aggressive expansion strategy, aiming to more than double its workforce to 10,000 in four years by targeting smaller towns.
The company plans to open over 250 new stores, particularly in Tier III and IV markets, where demand remains steady, currently employing 3,600 people.
Chairman Hemant Agarwal underscores the development of local talent and a network-centric approach, indicating a commitment to structured and steady growth.
(With inputs from agencies.)
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