DMart Focuses on Tech and Execution for Growth

DMart, India's largest supermarket chain, is planning its next phase of growth by focusing on technology, execution, and organizational capabilities.

The company's new CEO, Anshul Asawa, outlined this strategy at the annual investor meeting.

DMart aims to modernize its technology and data infrastructure, strengthen management to support a larger store network, and build a sustainable e-commerce business.

The company will continue to focus on its low-cost retail philosophy and plans to add around 15% new stores annually.

Despite facing competition from quick-commerce platforms, DMart remains committed to its physical store network and aims to maintain a 20% price discount and gross margin.

The company's shares fell after the expansion outlook disappointed investors.