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Lalit Agrawal

Lalit Agrawal, Chairman & Managing Director, V Mart Retail

"For us, 2013-14 proved to be a good fiscal year. We observed a 40 percent top line growth and 10 percent same store sales growth. There was a higher footfall, higher conversion rate and an increase in bill size....

V-Mart enters Srinagar

V-Mart Retail Limited, India’s leading retail company, has launched its first V-Mart store in Srinagar. Spread over 10,000 sq.ft. of space, it is located at the Sara City Center, Jahangir Chowk.V-Mart Store will offer an array of products ranging...

V Mart opens in Bihar

V Mart Retail Ltd, has opened its first store in Begusarai, Bihar, on April 8. The store, spread over an area of 8,000 sq.ft will offer kirana products, apparel range, footwear, toys, accessories, home furnishing, crockery, plastic goods etc....

Vishal Retail back in game; launches its first hypermarket

After establishing itself in North India, Vishal Group is spreading its wings to western part of the country. Vishal Group is now all set to launch their first hypermarket and shopping mega mall spread over 9,200 sq.ft in Nava...

V Mart Retail Ltd opens two stores

V Mart Retail Ltd, one of India’s growing value retailers, has now registered its presence in Arrah in Bihar and Ujjain in Madhya Pradesh. The size of its Arrah store is 10,000 square feet, where as that of its...

For the love of the neighbourhood

While the Indian market is appealing to national and international majors as well as to manufacturers, well-entrenched neighbourhood general and speciality stores continue to pose challenges to modern retail companies. Transition appears quite complicated in the current situation, underscoring...

Retailers raise a toast to “Manchester of the East”

Ahmedabad, popularly known as the city of textile industries, has become a robust retail destination quite recently with the launch of five malls in quick succession. The city has also been witnessing a series of infrastructural development and has...

V Mart launches holi collection

Mid-sized hypermarket format value retailer V Mart Retail Ltd has launched a new range of apparel collection ahead of the festival of colour —Holi. Priced at Rs 99, the specially designed T-shirt range is available in all V Mart...

VMart sells 25 pct stake to Aditya Birla group

The New Delhi-based VMart Retail Pvt. Ltd has sold 25-per-cent stake to the Aditya Birla group for an undisclosed sum to help fund its expansion plans, a company official said.Confirming this to the media, Lalit Agrawal, managing director, VMart,...
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