Davaindia Health Mart Limited, the material subsidiary of Zota Health Care Limited, announced rapid expansion of its retail footprint with the opening of 501 Operational Company Owned Company Operated (COCO) stores of DAVAINDIA across India.

With an aim to democratize access to vital healthcare resources, the company has opened 1,165 stores covering 25 states nationwide as on October 04, 2024, with a blend of 501 COCO and 664 Franchise Owned Franchise Operated (FOFO) stores of Davaindia.

As part of its ambitious growth strategy, the company is opening one new Davaindia store at every 10 (ten) hours, positioning itself as one of the fastest growing private retail pharmacy chains in the country. This strategic expansion bolsters the company’s national presence with a store space of 3.25 lakh square feet. Beyond the impressive scale of this growth, the expansion has unlocked significant economic opportunities, generating employment at a rapid pace – one new job every five hours. Each store opening contributes to an expanding network that leverages local talent, reinforcing the company’s commitment to social responsibility.

Commenting on operational development, Ketankumar Zota, Chairman, Zota Health Care Limited said, “With this expansion, we strive to provide a lifeline to those in need of accessible, affordable and quality healthcare solutions, without the burden of excessive cost, by offering medicines at affordable rates to the masses through our most esteemed project, Davaindia and fostering a healthier, more equitable future for all. In a short span of time, under the COCO model, the material subsidiary has extended its reach with 501 Davaindia stores.”