Cupid Ltd Unveils New Mother Warehouse in Bhiwandi, Mumbai, to Support Rapid Consumer Business Growth

Cupid Limited, a renowned exporter of premium condoms, has announced the grand opening of its new Mother Warehouse in Bhiwandi, Mumbai. This strategic initiative is in response to the remarkable growth of its business-to-consumer segment.

Launched just six months ago, Cupid's consumer business, under the brand names "Cupid", "Cupisure", and "Cupikit", has already made a substantial impact, contributing over 14% to the company's total revenue. The "Cupid" brand encompasses condoms, deodorants, and other personal care products, while "Cupikit" focuses on rapid IVD products, and "Cupisure" offers pregnancy detection kits.

The new Mother Warehouse underscores Cupid Limited's commitment to meeting the soaring demand for its products. Currently available in 50,000 outlets, the company aims to double this number within six months. This expansion will not only increase product accessibility for consumers but also solidify Cupid Limited's market position.

"We are thrilled with the overwhelmingly positive response to our consumer business in such a short time. The opening of our new Mother Warehouse demonstrates our dedication to meeting customer needs, ensuring product availability in more locations, and enhancing our value chain," said Aditya Halwasiya, Managing Director, Cupid Limited.

With this strategic expansion, Cupid Limited is set for continued growth and success in the consumerbranded business sector. Stay tuned for more exciting developments as Cupid Limited continues to innovate and expand its product offerings, bringing new and exciting products to our customers.

Source : Equity Bulls

Keywords

Cupid NewMotherWarehouse Bhiwandi Mumbai ConsumerBusiness