Saravana Stores

Saravana Stores, founded in 1969, is a chain of retail stores in India. It is the largest family owned business retail chain in India.[3][4] It is the first store to introduce ஆடி தள்ளுபடி concept.

Saravana Stores
IndustryRetail
GenreTextile and jewellery stores
Founded1969
Founder
  • S. Selvarathinam Nadar Son of Shanmuga Sundaram Nadar
  • Later his brothers S. Yogarathinam Nadar &
  • S. Rajarathinam Nadar joined to expand the business
Headquarters
Chennai, Tamil Nadu
,
India
Number of locations
61 (2011) [1]
Key people
Ashwin Therazhandur (CEO)
Products
  • Textiles
  • Readymades
  • Silk Sarees
  • Jewellery
  • Electronics
  • Groceries
  • Stationary
  • Gadgets
  • Cutlery
  • Footwear
  • Food
Revenue[2]
ParentSaravana Stores Enterprise
Subsidiaries
  • Super Saravana Stores
  • Legend New Saravana Stores
  • Saravana Stores Crown Mall
  • Saravana Selvarathinam etc.
WebsiteSaravana Selvarathnam

saravanaonline.com//

Super Store

supersaravanastores.com

Super Store Elite

www.saravanastores.in

The Legend New Saravana Store
saravanastoreslegend.co.in

Locations

Saravana Stores operates seven stores in Chennai, at T. Nagar, Purasawalkam, Porur, Padi, Sholinganallur, Chromepet and Usman Road. The company has mega stores in Madurai, Tirunelveli and Coimbatore. The company is growing rapidly and has plans to open stores in Mumbai, New Delhi, and Bengaluru The company also operates the Saravana Selvarathinam Stores, in Tirunelveli and Madurai.

Revenue

In 2023, the company reported an annual turnover of about ₹ 2495 crore (300 million US dollars).[5][6][7]

Foray into 100% milk based ice cream

In 2004, Saravana Stores Group launched a new ice cream brand named Jamaai, a 100% milk based ice-cream brand. The factory is located at Padappai, a suburb of Chennai en route Sriperumbudur and sold across Tamil Nadu. It has a capacity of 10,000-litres per day ice cream production and expected to expand to 30,000 litres per day.[5]

Super Saravana Store automated car parking

Fire incident

On 2 September 2008, a fire inside the building led to death of two of its employees and damages worth Crores of rupees. Unauthorized construction and ignoring safety measures are believed to be the reason.[8][9][10]

Super Saravana Stores: On March 1,2023 around 4.30 p.m. the flames were noticed in the Food Court on 9floor the staff and the customers from all the floors were evacuated. No one was injured in the accident. Property worth 37 crore has been damaged in the major fire that broke out.


on

Melur Main Road

in M

Madurai city

References
  1. "'We will all be slaves to MNCs,' says Saravana Stores founder".
  2. "Saravana Stores allegedly rigged accounting software to show less income". 7 February 2019.
  3. "'We will all be slaves to MNCs,' says Saravana Stores founder"
  4. "India's Retail Store Wars- Google Books"
  5. "Saravana Stores steps into the ice-cream parlour where". The Hindu Businessline. 17 August 2004.
  6. "UNSUNG HEROES OF INDIAN RETAILING"
  7. "Total Turnover"
  8. "Blaze exposes fire hazards in T Nagar". Times of India. 2 September 2008.
  9. "Demolition of unsafe Saravana Stores floors begins it was also sealed". The Hindu. 20 November 2008. Archived from the original on 28 July 2009.
  10. "Saravana fire and the Tamil apathy". Chennai Television. 5 September 2008. Archived from the original on 22 February 2012. Retrieved 31 March 2009.
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