Footwear brand Neeman’s plans to grow into a Rs 1,000 crore business over the next three years, as announced by the brand on Thursday. The company will expand its retail presence to 500 stores across India as part of this plan.
Neeman’s crossed Rs 185 crore in revenue last year. It expects to reach Rs 350 crore in revenue by March 2027. The 500-store network is central to the company’s shift toward offline retail. Neeman’s said the stores will expand its market presence and give customers a way to experience the brand outside its digital channels.
Taran Chhabra, Co-founder & CEO, Neeman’s, said, “We have always believed that footwear is a deeply personal and everyday category, and that there is an opportunity to redefine what consumers expect from their shoes. Our focus has been to build products that people genuinely love — combining exceptional comfort with great design, versatility and value. Today, Neeman’s is innovating and on course to close this year at ₹350 crore in revenue. This gives us the confidence to think much bigger. As we build towards ₹1,000 crore, our ambition is not simply to grow the business, but to build a distinctive Indian footwear brand that earns a place in the everyday lives of millions of consumers.”
The company said comfort remains its core product focus as it competes in the footwear market.
Amar Preet Singh, Co-founder & COO, Neeman’s, said, “The ₹1,000 crore ambition represents a very different scale of business, and getting there will require us to build the right foundation across every part of the organisation. From strengthening our product engine and supply chain to investing in technology, retail and execution, we are focused on creating the capabilities that can sustain long-term growth. The 500-store expansion is an important part of that transformation, because it gives us the opportunity to take the Neeman’s experience to consumers across the country while building a stronger national footprint.”
