Hoac Foods India Expands Retail Presence with New Franchise Outlet in Gurugram

Hoac Foods India Expands Retail Presence with New Franchise Outlet in Gurugram​

Hoac Foods India Limited has expanded its retail footprint across the National Capital Region (NCR) by commencing operations at a new franchised outlet under the 'Hariom' brand in Gurugram, Haryana. This addition is viewed by the company as a significant step toward strengthening its presence in the high-potential Gurugram market.

The new outlet is located at AG-34, Unitech Arcadia, South City-2, Sector-49, Gurugram, Haryana - 122018, India. The store operates through the company's franchise partner, Neelam Enterprises.

This expansion reinforces Hoac Foods' commitment to increasing customer reach and strengthening its retail presence in the region. Management believes that Gurugram remains one of the most attractive consumer markets for the Company's range of products, including fresh atta, spices, pulses, rice, edible oils, and other FMCG items.

Focus on Franchise Network Strength​

The company highlighted the strength of its existing franchise network, noting that a majority of current partners have expanded their association with the brand by operating multiple HOAC outlets.

Hoac Foods stated that this trend reflects the confidence of established franchisees in the Company's operational support framework and product quality. The management emphasized that sustainable growth is best demonstrated when existing partners invest in and expand within the HOAC ecosystem by opening additional outlets, rather than solely focusing on increasing the number of new franchisees. This expansion demonstrates the scalability of its retail model and the significant growth potential available within its current partner network.

HOACFOODS Stock Price Movement​

Hoac Foods India Limited shares today slipped by 4.91%, finishing the post-market session at ₹618.05. The stock saw a trading volume of 2,625 shares in the session.