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Small Town India, Big-Time Retail: How V-MART is leading the value fashion wave

The Franchising World

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July-August 2025

In an engaging conversation, Lalit Agarwal, Chairman & Managing Director of V-Mart, shares insights into the company's growth journey, its ongoing transformation, and his bold vision for the future.

- By Beny Sachdeva

Small Town India, Big-Time Retail: How V-MART is leading the value fashion wave

At V-Mart, retail has evolved beyond transactions—it's about experience, emotion, and aspiration. In today's dynamic retail landscape, experience isn't just a trend—it's the cornerstone of brand loyalty. For V-Mart, a leading value fashion retailer with deep roots in India's heartland, brand experience goes far beyond the polished storefronts of metro malls. It thrives in the bustling streets of Tier 2 and Tier 3 towns, where consumer aspirations are rising as rapidly as disposable incomes.

FROM A TAILOR SHOP TO TECH-DRIVEN RETAIL

Reflecting on a journey that spans over three decades, the leadership at VMart traces its roots back to a humble tailor shop. The early days were all about hands-on experience—interacting with customers during measurements, ensuring timely deliveries, and offering personalized services.

“That experience of engaging with customers, even during fittings and trials, shaped my understanding of what brand trust truly means,” says Lalit Agarwal, Chairman & Managing Director, V-Mart.

Over the years, this essence of retail, the human touch has transformed with growing consumer expectations, widespread tech adoption, and the rise of organized retail. And VMart, with its stronghold in India's non-metro markets, has been at the forefront of bridging traditional values with digital convenience.

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Small Town India, Big-Time Retail: How V-MART is leading the value fashion wave

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