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Saree model Suta plans retail enlargement, eyes tier 2 and three cities

by Index Investing News
May 17, 2025
in Financial
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Based in 2016, the model collaborates with unbiased weavers and operates a producing facility in Jharkhand. With projected income development from ₹75 crore in FY25 to ₹110 crore in FY26, Suta expects substantial gross sales from each their web site and on-line marketplaces.

Homegrown saree model Suta has enlargement plans for this yr, following the current opening of its shops in HSR Format in Bengaluru and Koregaon Park in Pune.

They at present function in 15 shops throughout India and have set their sights on opening one other location in Bengaluru this monetary yr. The model additionally plans to focus on Tier 2 and Tier 3 cities, because it has already seen sturdy traction in cities like Raipur, Bhubaneswar, and Thiruvananthapuram.

“So we wish to do extra shops in areas that are doing properly. It’s simple for advertising, and it’s simple for distribution of merchandise and a variety of logistical issues will get sorted,” mentioned Sujata Biswas, co-founder of Suta.

The corporate lately expanded into kidswear and menswear, initially launching the classes in offline shops. “We noticed a fantastic demand for it (these merchandise), and therefore we moved it on-line,” mentioned Taniya Biswas, co-founder of Suta. “We’re launching extra this yr and are additionally kurtas and clothes,” she added.

Suta’s major buyer base falls throughout the 25-45 age group, with Gen-Z forming its second-largest demographic. The model has additionally established a presence in international markets with resellers within the USA and Canada.

By way of income, they reported ₹75 crore in FY25 and are projecting ₹110 crore for FY26. The model sees 50 per cent of its gross sales coming from its web site, 35 per cent from on-line shops, and the remaining share from marketplaces.

Based in 2016, Suta collaborates with unbiased weavers throughout India on a contract foundation. The corporate additionally operates a manufacturing unit in Jharkhand that completely manufactures stitched clothes.

(With inputs from bl intern Nethra Sailesh)

Revealed on Might 17, 2025



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Tags: BrandCitiesexpansionEyesPlansRetailSareeSutaTier
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