TATA owned Trent Retail, which operates one of India’s largest apparel retail formats, “Zudio” will continue its growth as it is. In an interaction with The Economic Times, P. Venkatesalu, Chief Executive of Zudio said.
“We are not where we were five years ago, and we will not be where we are today five years from now. Progress is rarely linear. We need to keep changing,
The reality is that growth is never a straight line, and we continue to pursue exciting growth opportunities that the consumer space affords.”
While Trent shares have gained over 7x since the Covid-19 led growth interruptions, they were down by 1/3rd in 2025.
The scrip ended at ₹3,975 on the Bombay Stock Exchage (BSE) on 9th Jan. ‘26.
“Consumer sentiment today is neither euphoric nor despondent. It is gradually improving. Outlook over the medium term is positive,
The agenda is to pursue growing reach and share of revenues as we selectively increase density of presence across key markets with an improving customer proposition.
We expect newer catchments to mature over time, in terms of adoption of fashion trends and density of consumption”, said Venkatesalu told ET .
Zudio has opened more than 700 stores at high streets and neighbourhood malls since 2021.
The brand, within the TRENT portfolio, has undertaken one of the fastest expansion drives by any retailer in the country in the value retail format.
The brand plans to continue its presence in both existing and new geographies with a conviction that smaller markets will mature over time.
Editor’s Note
The case study of ZUDIO is extremely important for the executives of the Indian Retail Industry.
No other Indian retail chain or brand has expanded so rapidly over the last 25 years, since organised retail really took off. While Reliance Retail has scaled massively since its launch in 2008, the oil to pencil company has taken a multi-pronged, multi-category approach, unlike the TATAs and Trent, especially.
By focussing on fast-fashion and most products priced under INR 1,000, Trent’s Zudio is perhaps taking the same approach when it launched the Nano Car 2 decades back, but with learnings of how to to position it as a cheap product or brand.
And that’s the reason why Zudio is currently reporting one of the highest “Sales per Sq. Ft” within this format.
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