SRS Group launches its online venture

SRS Group, a diversified company plans to enter the online retail segment. The company has operations currently across sectors including gold and jewellery retailing, manufacturing and wholesaling; cinema exhibition; retail, hospitality and more.

The company plans to launch its online venture with SRSGROCERY.com, designed to deliver international standards with its product range, promotions and be a platform for effortless purchase of home essentials, and grocery.

Dr Anil Jindal, Founder Chairman, SRS Group commented on this occasion “The e-commerce initiative is born out of customer insights, focuses on ease of purchase, and provides an effortless purchase process. This unique offering is only the start and an attempt to bridge the existing gaps in the online offerings in the market and enter the vast and yet under explored territory of E-Commerce. The E-Commerce space in India is currently valued at ~Rs. 60,000 crore and has been growing at an estimated 30 percent CAGR. This is a part of our strategy to go ahead with diligent expansions in retail to make SRSGROCERY.com a brand of preference for the consumers. We are unveiling just the 1st chapter of SRSETAIL.com which in times to come will foray into fashion, jewellery, medical and many more such opportunities.”

Says Mr Pratik Jindal, Managing Director, SRS e Retail Ltd “With this, we have not only strengthened our retail presence but are also happy to reach and serve new consumer segments by treating them to world-class products, thrilling promos and unmatched convenience.”

SRS Group operates within the jewellery segment under the banner SRS Jewels. In jewellery, SRS operates nine retail showrooms, one EoU and four wholesale offices.