Umiya Mobile Limited Unveils Ambitious Expansion Plan with 25 New Retail Stores

Umiya Mobile Limited , a prominent player in the mobile retail sector, has announced an extensive expansion plan that will see the company open 25 new retail stores across Gujarat and Maharashtra. This strategic move aims to strengthen the company's presence in key markets and enhance its accessibility to customers in various cities.

Expansion Details

The expansion plan includes the opening of:

• 11 new stores in Gujarat
• 14 new stores in Maharashtra

Gujarat Expansion

In Gujarat, Umiya Mobile Limited is set to establish a presence in several cities, including:

• Ahmedabad
• Danta
• Deesa
• Dhanera
• Botad
• Dwarka
• Patan
• Bhiloda

Maharashtra Expansion

The company's expansion in Maharashtra covers a wide range of locations, including:

• Ahmednagar
• Jalgaon
• Nashik
• Nagpur
• Pune
• Silvassa
• Buldhana
• Nandurbar

Strategic Locations

Umiya Mobile Limited has carefully selected the locations for its new stores, focusing on high-visibility areas and convenient access for customers. Some notable locations include:

• A shop near the Central Bank of India in Ahmednagar, Maharashtra
• A store in the New Nagar Palika Shopping Complex in Amalner, Jalgaon
• A presence near the Baidhnath Factory in Nagpur
• A shop opposite an Indian Oil Petrol Pump in Shirur, Pune

Company Statement

In an official communication to the BSE, Umiya Mobile Limited stated, "The Company will intimate to Stock Exchange for further development in this matter." This indicates that the company is committed to keeping investors and stakeholders informed about the progress of this expansion initiative.

Implications for Growth

This expansive retail strategy suggests that Umiya Mobile Limited is positioning itself for significant growth in the mobile retail sector. By increasing its physical presence across two states, the company is likely aiming to:

1. Capture a larger market share in the mobile retail space
2. Improve brand visibility and customer accessibility
3. Potentially increase sales and revenue through a wider distribution network

Conclusion

Umiya Mobile Limited's announcement of 25 new retail stores marks a significant step in the company's growth strategy. As the mobile market continues to evolve, this expansion could play a crucial role in strengthening the company's competitive position in Gujarat and Maharashtra.

The company has promised to provide further updates on the developments regarding this expansion, indicating a commitment to transparency and ongoing communication with its stakeholders.