Goli Vada Pav to add more outlets in south India

Mumbai-based Goli Vada Pav Pvt Ltd, a chain store offering Mumbai’s local snack Vada Pav, is planning to expand its presence in south India as part of its efforts to reach target of around 500 stores all over the country in the next five years. The company, which currently has Rs 20-22 crore turnover, expects to grow to around Rs 150 crore business in five years. With its 125 stores at present, the company is targeting to expand to 500 outlets in the next five years. In the south, Goli Vada Pav will have 40 stores in Chennai alone and 20 more in Bangalore in the next two years. Growth of Goli Vada Pav’s footprints in the south the western parts of the country will bring in a fresh business to those signage companies dealing in this industrial domain.