Maangalya enters Hyderabad Market, plans to open two stores in the city
Hyderabad, 1st January 2019: Following the success of their existing stores in Telangana, Maangalya shopping malls, today announced the Company’s strategic decision to enter into Hyderabad market, opening two stores, one in Madinaguda on 3rd January and other in Boduppal in the 1st week of March.
The stores are a celebration of the company’s commitment to offering best quality clothing to the people of Hyderabad. Spread across 20000 sq ft., the madinaguda store is scheduled to be launched on 3rd January by TRS working president, Mr. K Taraka Ramarao and Cine actress Ms. Kajal Agarwal. Maangalya founder Mr. PN Murthy, Chairman Mr. Namashivaya, Directors – Mr. Kasam Shiva Prasad and Mr. P Arun spoke to media about their expansion plans. They said that they are investing about Rs. 10 crores on this store and will provide employment to 250 people.
Speaking on the occasion, Mr. Namashivaya, Chairman, Maangalya, said, “We launched our first store of Maangalya in the year 2012 in Hanumakonda and have two more malls Karimnagar and Siddipet giving employment to about 1500 people. Depending on the response from the Hyderabad market, we plan to open few more stores in the near future. We are 25 members team from the same family who are managing Maangalya group.”
“Our main motto is customer satisfaction and to give best quality apparel to Hyderabadis. The new Maangalya Mall is more spacious and offers some of the most fashionable merchandise, truly making it a shoppers’ paradise. We at Maangalya offer stylish, and incredibly comfortable garments that are a must in every wardrobe. We coordinate with the manufactures keeping current trends in mind, and everything available at unbelievable prices,” he added.
Maangalya also plans to invite people in the surrounding areas of Madinaguda in a traditional south Indian way with a ‘Tambulam’ and an invite. Also, they have a rally scheduled in which 30 bikers will be participating.