Nakka Narsimha’s entrepreneurial journey started modestly in 1995 in a small, one-room area in Uppuguda, Hyderabad, with simply Rs 30,000 as an preliminary funding. At this time, he’s the proud proprietor of Jyothi Saree Mandir, one of many greatest saree chains within the area, famend for its beautiful assortment of handloom silk sarees, together with Kanchi, Gadwal, and light-weight Pattu sarees.
The inspiration of Jyothi Saree Mandir lies within the wealthy Padmashali Chenetha Weavers household custom, emphasizing craftsmanship and dedication. Through the years, Narsimha’s firm has grown from its humble beginnings to a thriving enterprise with a turnover of 12 crores. This development was fueled by his mantra, “Do Enterprise with No Bills,” and a persistent drive to beat challenges by strategic expansions and embracing digital transformation.
The pivotal growth got here in 2001 with a brand new 2000 sq. foot retailer, and by 2005, the corporate’s turnover had soared to Rs three crores. The addition of Nakka Srihari, Narsimha’s son, to the enterprise in 2008 injected contemporary views and continued adherence to household values and legacy.
A major shift occurred in 2010 when Jyothi Saree Mandir ventured on-line, which doubled its turnover inside 5 years. The corporate not solely survived the challenges of the COVID-19 pandemic but in addition tailored by enhancing its on-line presence and interesting extra with clients by social media and influencer collaborations. This strategic pivot helped them join with over 20,000 on-line customers globally and develop their social media following to over 50,000.
At this time, Jyothi Saree Mandir not solely stands as a testomony to Nakka Narsimha’s 45 years of expertise within the textile trade but in addition as an embodiment of perseverance, innovation, and a dedication to customer-centric values. This method continues to weave a profitable path ahead within the ever-evolving textile panorama, making certain the legacy of the Padmashali Chenetha Weavers custom prospers.
