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The company, which started its retail operations in May 2016, is aiming to add 15 stores to the current 20 stores in Uttar Pradesh as part of its expansion strategy, V-Bazaar Retail CMD Hemant Agarwal told a press conference here.
"We plan to add around 30 more stores by 2020 and take our store count to 50 in Uttar Pradesh by the end of FY 2019-20," he said.
The company will invest nearly Rs 450 million to add 23 new stores in tier-II, III and other untapped areas of Uttar Pradesh, he said.
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