Business · India Bureau
DP Abhushan plans expansion to 51 stores, targets ₹15,000 crore revenue
Jewellery retailer DP Abhushan is charting an ambitious expansion strategy across central, north and west India, targeting 51 stores and ₹15,000 crore in annual revenue by fiscal 2029-30.
LSN India ·
DP Abhushan, a prominent jewellery retailer, has outlined plans to significantly expand its retail footprint across tier-II and tier-III cities in India. The company aims to increase its store count from the current 12 outlets in Madhya Pradesh and Rajasthan to 51 stores by the end of FY30, primarily targeting central, north and west India.
Promoting the expansion strategy, company promoter Vikas Kataria said the retailer is broadening its geographic presence to include Gujarat, Chhattisgarh and Maharashtra. New store launches are planned in Raipur in Chhattisgarh, with additional exploration underway in Nagpur and Nashik in Maharashtra, as well as Dahod and Vadodara in Gujarat. The company aims to establish presence across 7-8 states through this expansion phase.
To support its growth trajectory, DP Abhushan is adopting a dual expansion model combining franchise partnerships and company-owned stores. The company reported revenue of ₹4,065.13 crore in FY26, and the expansion initiative is expected to propel annual revenue to ₹15,000 crore by FY30, marking a significant acceleration in the company's financial performance.