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50th Anniversary of Saravana Stores

2022-10-17 Mon

Saravana Stores was founded in 1969 and is a chain of retail stores in India. It is the largest family-owned business retail chain in India.

Saravana Stores operates seven stores in Chennai, at T. Nagar, Purasawalkam, Porur, Padi, Sholinganallur, Chromepet and Usman Road. The company has mega stores in Madurai, Tirunelveli and Coimbatore. The company is growing rapidly and has plans to open stores in Mumbai, New Delhi, and Bengaluru the Company also operates the Saravana Selvarathinam Stores, in Tirunelveli and Madurai.

According to Kishore Biyani of Big Bazaar, it is India's No. 1 retail store in one locality. The company reported an annual turnover of about ?6.50 billion (200 million US dollars) in 2008.

It launched a new ice cream brand, Jamaai which is a 100% milk-based ice cream brand in 2004. The factory is located at Padappai, a suburb of Chennai en route to Sriperumbudur and sold across Tamil Nadu. It has a capacity of 10,000 litres per day of ice cream production and is expected to expand to 30,000 litres per day.

Image Courtesy: https://stampsofindia.com/