Dollar Industries is eyeing a major expansion in South India, with plans to open 50 new stores across the region over the next three years. The company, which has a 15-per cent stake in the branded hosiery segment, is aiming at an 11-12 percent growth on a year-on-year basis.
Under its 'Vision South India' initiative, Dollar Industries anticipates a 50-per cent surge in sales from markets in that region compared to the current year. The expansion will also help in reaching its revenue milestone of Rs 2,000 crore by 2025-26.
Dollar Industries has become one of the leading brands in the hosiery sector with an enviable market share and a significant percentage in textile exports of the total production in the Indian hosiery market.
