TechnoSport Store Expansion: TechnoSport, a startup founded in 2015-16, has said that it is targeting a revenue of Rs 1,000 crore in the financial year 2026-27 (FY2027).
TechnoSport CEO Puspen Maity said that the company is confident about achieving the number, supported by a stronger brand presence.
TechnoSport Store Expansion: About Startup
TechnoSport is a homegrown activewear brand and has a strong market presence within the country. Besides, the company is separately working on boosting its exports.
According to Puspen Maity, TechnoSport is looking at closing FY26 with Rs 600 crore revenue. "We are potentially looking at touching Rs 1,000 crore as a goal in FY27," Maity said.
As per TechnoSport, it has a very solid distribution channel with approximately 7,000 retailers in India. The company has a strong presence in states like Andhra Pradesh, Telangana, Karnataka, Odisha, and Maharashtra.
TechnoSport Store Expansion Plan
Puspen Maity said that the company has an online business and is also working on expanding its exclusive company-owned brand outlet.
"As we speak, we have 40 stores. By the end of next fiscal year, we are looking at having around 135 stores. So, roughly, we'll be adding another 100 stores in the next 12 months," Puspen Maity said.
Puspen Maity is based out of Bengaluru and it has three manufacturing units in Tirupur (Tamil Nadu).
Puspen Maity said that TechnoSport directly and indirectly provides employment to over 3,000 people.
