Zota Health Care expands Davaindia network, surpassing 600 COCO stores

Zota Health Care Limited has reached a significant milestone in its expansion journey, announcing the operationalization of 1,294 stores across India as of December 4, 2024. This marks a substantial increase from the previous figure of 1,165 operational stores reported just two months ago. A key driver of this growth has been the rapid rise in the number of Company-Owned, Company-Operated (COCO) stores, which now number 601, surpassing the 600 mark for the first time.

The impressive growth in both the Davaindia network and COCO stores underscores Zota Health Care’s ongoing commitment to expanding its direct retail presence across the country. Zota Health Care aims to bring quality healthcare and medicines to more people in India through its innovative business model and efficient operations.

Ketankumar Zota, the Chairman of Zota Health Care Limited, commented on the achievement, highlighting the importance of operational growth. He remarked that the increase in COCO stores is a pivotal moment in their strategy to build a stronger retail presence. This expansion reflects the success of their existing stores, which continue to show strong growth driven by customer loyalty and trust. He added that the company remains focused on accelerating store expansion, improving operational efficiencies, and enhancing their overall value proposition.

The Davaindia pharmacy chain, which launched in 2017, has now become a significant player in India’s generic pharmacy market. Offering over 2,000 SKUs of quality medicines, Davaindia has proven itself a valuable part of Zota Health Care’s portfolio. With its focus on backward and forward integration, Zota Health Care has successfully managed the product lifecycle for Davaindia, ensuring cost efficiency and product quality. The company’s robust marketing, export, and retail pharmacy divisions are all working in tandem to support this aggressive growth.

The growth of Zota Health Care and its Davaindia network comes at a time when the company’s research and development division continues to innovate in pharmaceutical, ayurvedic, and nutraceutical products. Zota has long been known for its commitment to bringing high-quality, affordable healthcare to India, and it shows no sign of slowing down in its efforts to expand its market footprint.

Looking ahead, Zota Health Care remains focused on maximizing its retail presence across India, expanding the Davaindia network even further, and ensuring that the company’s operations continue to deliver value to customers and stakeholders alike. The company’s commitment to providing affordable, high-quality healthcare will remain central to its growth strategy.

Zota Health Care Limited is not only expanding its retail network through Davaindia but also making strategic advancements to strengthen its overall presence. The remarkable increase in COCO stores is a clear indicator of Zota’s focus on enhancing direct customer engagement and retail expansion. With such an ambitious trajectory, Zota Health Care is well on its way to solidifying its leadership position in the Indian healthcare industry.