• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News
Monday, September 25, 2023
  • Login
Tribune Newsline
  • Home
  • India
    • National
    • State News
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Photography
    • Food
  • Tech
    • App News
    • Gadgets
  • Auto
  • Sports
  • World
  • Others
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Social Work
    • Press Release
    • Religion
No Result
View All Result
  • Home
  • India
    • National
    • State News
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Photography
    • Food
  • Tech
    • App News
    • Gadgets
  • Auto
  • Sports
  • World
  • Others
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Social Work
    • Press Release
    • Religion
No Result
View All Result
Tribune Newsline
No Result
View All Result
Home Business

Jayesh Ranjan inaugurates 15th Store, a flagship store of Urban Supermart the chain of Supermarkets

Tribune Newsline by Tribune Newsline
October 23, 2021
in Business
Share on FacebookShare on Twitter
  • Retail is one of the thrust areas of Govt of Telangana and accordingly due importance is accorded to it in the industrial policy of the state, says Mr. Jayesh Ranajan
  • Urban Supermart is on an expansion spree, plans to invest INR 80 crore on opening 80 stores in the next three years.
  • The chain aims to open 80 stores by 2024 and foray into tier-2 cities and neighbouring AP
  • The Indian retail market is estimated to be US $ 600 billion i.e INR 44,91,600 crores.

Hyderabad, October 23, 2021: Jayesh Ranjan, Principal Secretary, IT E & C, Govt of Telangana inaugurated 15th Store, a flagship store of Urban Supermart, the chain of Supermarkets in the city at Filmnagar on Saturday morning. 

Speaking on the occasion immediately after the inauguration, Mr. Jayesh Ranjan said Retail is one of the thrust areas of Telangana government.  And accordingly it is accommodated in the Industrial Policy of the state, which aims at providing sustainable industrial development and to create gainful employment opportunities in the state of Telangana.  Along with major retail outlets like IKEA and Wallmart stores, the state also has home grown brand like Urban Supermart, which opened 15 outlets within a span of one year is very much appreciately, he said.  I gathered from the management of the Urban Supermart that they source farm fresh vegetable and fruits from farmers in Mulugu of Warangal.  And it works on a 12 hours farm to store model. I am happy to note that they are already providing employment to 300 people and now they are on expansion, Mr. Ranjan added

Related posts

BOYO, RAPZ team up to redefine Diwali corporate gifting

BOYO, RAPZ team up to redefine Diwali corporate gifting

September 23, 2023
World Leaders Summit 2023 held in House of Lords at London followed by the Bharat Samman Award

World Leaders Summit 2023 held in House of Lords at London followed by the Bharat Samman Award

September 22, 2023

Mr Arun Kumar, Director of Urban Foodmart India Pvt Ltd, the man behind the chain along with his team said, it aims to set up 80 stores by the end of 2024, by which time they would have two lakh square foot floor space and likely to provide employment to 1400 people. The company will pump in Rs 80crore on this expansion plan, he revealed. 

Each store houses nearly 10,000 SKUs.  It provides free delivery to 4km air radius, on land it will be 6 to 7 kms.  It houses over 100 varities of dry fruits. Soon they are also planning to have millets festival as they are accorded lot of importance due to nutritional value.  The mart will focus more on sustainable products as we go along informed Mr. Arun. 

Urban Supermart is a retail arm of Urban Foodmart India Private Limited. The company has ventured into the food & grocery retail sector (chain of supermarkets) in November 2020 as an organised retailer in the market. The company has its operations in two formats – High-Street Stores and Convenience-Neighbourhood stores or Express. It started with 6 stores last November and now 15th within a year. the company aims to cater to all the food and non-food necessities required by households daily. It aims to have 80 stores by 2024 and then forays into tier-II cities like Warangal, Nallagandla, Khammam, Hanamkonda. Then we will foray into the neighbouring state of A.P. starting with cities like Vizag, Vijayawada and Tirupati with the similar concept of high-Street and convenience stores informed Mr Arun Kumar, Director of Urban Foodmart India Pvt Ltd

It also aims to deliver a first-in-class experience to the customers through an online platform with the help of a virtual supermarket, wherein the customers will get the experience of buying from the physical store right at their fingertips with the help of their Smart Phones or PC, informed Arun.

It is already serving 1.25 lakh customers every month. It introduced Industry’s first free home delivery, serving 300 Families every day. It is employing 300 people both by direct and indirect employment. It is associated with 1500 farmers. It works on a 12 hours farm to store model. The exclusive USP of this chain is the quality, variety and price across 1000 Supermarket Stores existing in the city.

The Indian retail market, according to Arun is estimated to be US $ 600 billion i.e INR 44,91,600 crores. It is considered to be one of the top-five retail markets in the world by economic value. India is one of the fastest-growing retail markets in the world. 

Tags: the chain of SupermarketsUrban Supermart
Previous Post

Pegase Health Systems valued at $29 million after $10 million funding interest from IGC, USA

Next Post

World’s Largest Cricket Bat, unveiled at Hyderabad, to raise the tempo in support of the Indian T20 team!

Tribune Newsline

Tribune Newsline

Related Posts

BOYO, RAPZ team up to redefine Diwali corporate gifting
Business

BOYO, RAPZ team up to redefine Diwali corporate gifting

September 23, 2023
World Leaders Summit 2023 held in House of Lords at London followed by the Bharat Samman Award
Business

World Leaders Summit 2023 held in House of Lords at London followed by the Bharat Samman Award

September 22, 2023
Grand launch of Toni&Guy flagship branch in Ahmedabad
Business

Grand launch of Toni&Guy flagship branch in Ahmedabad

September 22, 2023
Team Marksmen Network’s CX Transformation Conclave highlights the business case and criticality of great CX
Business

Team Marksmen Network’s CX Transformation Conclave highlights the business case and criticality of great CX

September 21, 2023
The Indian Alert presents 50 Entrepreneurs of the Year 2023 – A Day of the Visionary Entrepreneurs
Business

The Indian Alert presents 50 Entrepreneurs of the Year 2023 – A Day of the Visionary Entrepreneurs

September 21, 2023
Unwrapping Dreams: The Journey of Fusion Gifts and its Founder Piyush Goyal
Business

Unwrapping Dreams: The Journey of Fusion Gifts and its Founder Piyush Goyal

September 19, 2023
Next Post

World’s Largest Cricket Bat, unveiled at Hyderabad, to raise the tempo in support of the Indian T20 team!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Demand for ESD protection solutions to see continued growth

Demand for ESD protection solutions to see continued growth

5 months ago
E-invoice Mandatory For Turnover 5 Cr – New Changes Impact Your Business

E-invoice Mandatory For Turnover 5 Cr – New Changes Impact Your Business

1 year ago
Tricity’s 23-year-old Arshiya Sareen crowned Miss Globe India 2022

Tricity’s 23-year-old Arshiya Sareen crowned Miss Globe India 2022

12 months ago
Chethan Cheenu's revolutionary attempt gains appreciation with Tag of #OneActor12MakeOvers

Chethan Cheenu’s revolutionary attempt gains appreciation with Tag of #OneActor12MakeOvers

2 years ago

Ankit Shaw becomes the most demanded Anchor in the city Kolkata

2 years ago

GrowthBeats organized Women’s Icon 2021 and felicitated Powerful Icons for their achievements

3 years ago

BROWSE BY CATEGORIES

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Gadgets
  • Health & Fitness
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • World

BROWSE BY TOPICS

Ace Entrepreneur Ahmedabad Artificial intelligence author Bengaluru Blockchain technology COVID-19 Cryptocurrency CSIR DBT Delhi Department of Biotechnology digital marketing disease DST Dubai Education entrepreneur Fairplay Gujarat Hyderabad IIT Delhi Indian Institute of Technology Influencer Influencerquipo innovation Kingston Technology K Raheja Corp Homes LANXESS model MoES Mumbai Music Industry NFT Nidarshana Gowani pandemic Pune real estate research science social media Surat technology solutions TTK Prestige Urvashi Rautela

Latest News

M Plus Beats Unveils ‘Koi Apna Nahi Hota’ – The Heartbreak Anthem of the Season

M Plus Beats Unveils ‘Koi Apna Nahi Hota’ – The Heartbreak Anthem of the Season

September 23, 2023
BOYO, RAPZ team up to redefine Diwali corporate gifting

BOYO, RAPZ team up to redefine Diwali corporate gifting

September 23, 2023
A Mystical line of clutches: Rocky Star X Oceana Clutches

A Mystical line of clutches: Rocky Star X Oceana Clutches

September 22, 2023
World Leaders Summit 2023 held in House of Lords at London followed by the Bharat Samman Award

World Leaders Summit 2023 held in House of Lords at London followed by the Bharat Samman Award

September 22, 2023
Grand launch of Toni&Guy flagship branch in Ahmedabad

Grand launch of Toni&Guy flagship branch in Ahmedabad

September 22, 2023

Popular News

  • Bonding well with your in-laws

    Bonding well with your in-laws

    55 shares
    Share 22 Tweet 14
  • Euro Pratik set to revolutionise Indian interiors market

    52 shares
    Share 21 Tweet 13
  • Young Indian stunt performer winning heart of Dubai’s people – Narsimha Chouhan (Nattu)

    52 shares
    Share 21 Tweet 13
  • Single application for all scientific fellowships, grants and scholarships mooted

    51 shares
    Share 20 Tweet 13
  • Shashank Kulkarni awarded Prestigious Nelson Mandela International Peace Prize

    50 shares
    Share 20 Tweet 13
  • Creating waves in the online education sector, enter JOTOBOTO

    49 shares
    Share 20 Tweet 12
  • Entrepreneur Pasquale Minasi – the genius Leader who gets the best out of any Business!

    48 shares
    Share 19 Tweet 12

Tribune Newsline, digital news and story platform bring you the news, articles, stories, and opinions on the latest happenings worldwide covering various sectors like nation, politics, and governance, social sector, review, foreign affairs, defence and security, latest review, lifestyle, entertainment, sports, technology, auto sectors, education, business and start-ups updates, Agriculture, Science, finance, money, food, and culture, etc.

Follow us on social media:

Latest News

  • M Plus Beats Unveils ‘Koi Apna Nahi Hota’ – The Heartbreak Anthem of the Season
  • BOYO, RAPZ team up to redefine Diwali corporate gifting
  • A Mystical line of clutches: Rocky Star X Oceana Clutches
  • World Leaders Summit 2023 held in House of Lords at London followed by the Bharat Samman Award
  • Grand launch of Toni&Guy flagship branch in Ahmedabad
  • Team Marksmen Network’s CX Transformation Conclave highlights the business case and criticality of great CX

Category

September 2023
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930  
« Aug    

Recent News

M Plus Beats Unveils ‘Koi Apna Nahi Hota’ – The Heartbreak Anthem of the Season

M Plus Beats Unveils ‘Koi Apna Nahi Hota’ – The Heartbreak Anthem of the Season

September 23, 2023
BOYO, RAPZ team up to redefine Diwali corporate gifting

BOYO, RAPZ team up to redefine Diwali corporate gifting

September 23, 2023
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

© 2022 Tribune Newsline.

No Result
View All Result
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Home
  • Privacy Policy

© 2022 Tribune Newsline.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In