DP Abhushan eyes 51 stores in Tier 2-3 cities, ₹15,000 cr revenue by FY30 ...Middle East

Economy by : (Business Standard) -
Jewellery retailer DP Abhushan is targeting Rs 15,000 crore in revenue by 2029-30, and plans to increase its store count to 51, particularly across tier-II and III cities, a top company executive said. "Currently, we have 12 stores in Madhya Pradesh and Rajasthan. But now, we are expanding to Gujarat, Chhattisgarh and Maharashtra. "We have set a target of 51 stores by 2029-30, mainly in central, north and west India. For this phase of expansion, we are adopting a franchise model, as well as company-owned," DP Abhushan Promoter Vikas Kataria told PTI. He said the company achieved Rs 4,065.13 crore revenue in FY26, and with this expansion, it is eyeing Rs 15,000 crore topline by FY30. DP Abhushan is targeting to be present in 7-8 states, he added. The company is entering Chhattisgarh with a store in Raipur. In Maharashtra, it is exploring Nagpur and Nasik, and Dahod and Baroda in Gujarat, he said. Meanwhile, in Madhya Pradesh and Rajasthan, Kataria said, the company is continuing t

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