Automobile

VOC Automotive Achieves 185 Stores, Aims 300 Outlets and ₹100 Crore Revenue by FY-26

TFW Bureau
TFW Bureau Dec 16, 2024 - 2 min read
VOC Automotive Achieves 185 Stores, Aims 300 Outlets and ₹100 Crore Revenue by FY-26 image
As of FY-24, the company expanded its network to 185 stores across six states and one union territory.

VOC Automotive continues its positive growth trajectory, achieving significant financial and operational milestones while paving the way for a remarkable future in the two-wheeler service industry.

As of FY-24, the company has expanded its network to 185 stores across six states and one union territory, earning widespread customer trust through its exceptional service quality. VOC Automotive aims to reach 300 outlets by FY-26, with a strong focus on Tier-2 and Tier-3 cities. Expansion plans include new outlets in Bengaluru, Hyderabad, Chennai, Vijayawada, and Pune, leveraging its FICOCO (Franchisee, Company-Owned, and Company-Operated) model.

The company’s financial performance has seen exponential growth, with revenues rising from ₹2.7 crore in FY-23 to ₹10 crore in FY-24. With a projected revenue of ₹28 crore for FY-25, VOC Automotive is firmly on track to achieve its ₹100 crore target by FY-26.

Customer engagement is at the forefront of VOC Automotive’s strategy. The company is projected to serve 1.88 lakh vehicles in the current financial year. To enhance convenience and connectivity, VOC Automotive has introduced the VOC Smart Rider App, targeting the onboarding of 4 lakh customers by FY-24.

Furthering its commitment to workforce empowerment, the company is scaling its VTA - VOC Technical Academy to train 2,500 technicians in its next phase. Strategic collaborations with insurance providers, EV manufacturers, and OEMs are also strengthening VOC Automotive’s ecosystem, positioning the company as a leader in revolutionizing India’s two-wheeler service industry.

Lokesh S, Director of VOC Automotive, remarked: “The journey of VOC Automotive so far reflects our dedication to offering high-quality, accessible, and reliable two-wheeler services across India. Our focus on expanding into Tier-2 and Tier-3 cities ensures that we bridge service gaps while empowering local talent through initiatives like the VOC Technical Academy. We are thrilled about the future and are confident in our ability to redefine the two-wheeler service landscape.”

Venkatesh BM, CEO of VOC Automotive, added: “Our exponential growth is a testament to the trust and loyalty of our customers and partners. With the launch of the VOC Smart Rider App and ongoing strategic collaborations, we are positioned to transform customer experiences in the two-wheeler segment. As we work towards achieving our ₹100 crore revenue goal by FY-26, we remain committed to innovation, operational excellence, and customer satisfaction.”

VOC Automotive’s aggressive growth plans, combined with its focus on technology, customer-centricity, and skill development, are poised to drive the next phase of transformation in the two-wheeler service industry.

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