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Keventers to open new outlets
Dairy brand Keventers on Thursday announced its plans to open 32 new outlets in Hyderabad. Recently, the company opened its first outlet at Forum Mall, followed by GVK One Mall and Inorbit Mall in the city.
Hyderabad: Dairy brand Keventers on Thursday announced its plans to open 32 new outlets in Hyderabad. Recently, the company opened its first outlet at Forum Mall, followed by GVK One Mall and Inorbit Mall in the city.
In the next phase of its expansion, it will launch more than 15 stores in next few months, eventually taking the outlet count here to 32 by the end of 2019. “With this expansion, Hyderabad will become the fourth largest market for Keventers in terms of the number of outlets after Delhi, Mumbai and Bangalore,” said Sohrab Sitaram, CEO, Director & Co-Founder, Keventers.
On the revenue front, the company which offer a range of milkshake products is targeting Rs 20 crore from the 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. By 2019, Keventers is looking at selling around 5,000 bottles every Sunday,” said Sitaram.
