Dairy brand Keventers, which entered the Hyderabad market recently with three outlets at Forum Mall, GVK One Mall and Inorbit Mall, has announced plans to launch more than 15 stores in Hyderabad over the next few months and reach a network of 32 outlets by end of 2019, announced its co-founder and chief executive officer Sohrab Sitaram.
Speaking to journalists in Hyderabad, Sitaram said the company envisages Hyderabad to become the fourth largest market for Keventers in terms of number of outlets after Delhi, Mumbai and Bangalore, eyeing an annual revenue of around Rs 20 crore from Hyderabad outlets.
“We see a huge potential in the Southern market for a milkshake product and Hyderabad will certainly have a huge role to play in our expansion plans,” he said, adding that Keventers will offer milkshakes in various range of unique flavours across different beverage categories such as thick shakes, classic shakes, fruity shakes and hot beverages.
At present, Keventers has more than 170 outlets spread across more than 30 locations in key Indian cities that include Delhi/NCR, Mumbai, Bangalore, Kolkata, Hyderabad, among others. The dairy brand has also expanded recently its footprint globally by foraying into Dubai and Nepal. Sohrab Sitaram said his company was also working towards doubling its retail footprint to more than 300 outlets across the globe.
Source ; Fnbn
Published on: November 22, 2017