VOC Automotive Accelerates Growth With Expansion Plans

VOC Automotive has announced its ambitious growth plans setting a target of expanding its network to 300 outlets and achieving INR 100 crore in revenue by FY-26. The company has already reached milestones with 185 operational stores across six states and one union territory by FY-24.

The company’s expansion strategy focuses on penetrating Tier-2 and Tier-3 cities, aiming to bridge service gaps and cater to underserved areas. Key locations identified for new outlets include Bengaluru, Hyderabad, Chennai, Vijayawada, and Pune. VOC Automotive’s FICOCO (Franchisee, Company-Owned, and Company-Operated) model is central to this expansion, enabling operational flexibility and scalability.

Financially, the company has demonstrated progress with revenues increasing from INR 2.7 crore in FY-23 to INR 10 crore in FY-24. For FY-25, the company projects revenue of INR 28 crore, firmly on track to meet its INR 100 crore target by FY-26. This exponential growth reflects the trust and loyalty of its expanding customer base.

In terms of customer engagement, VOC Automotive has projected servicing 1.88 lakh vehicles in the current financial year. The company’s recent launch of the VOC Smart Rider App aims to enhance connectivity and convenience for customers. With a target of onboarding 4 lakh users by FY-24, the app is a key element in VOC’s digital transformation strategy, offering service booking and tracking features.

The VOC Technical Academy (VTA) is set to train 2,500 technicians, empowering local talent and ensuring high service standards. This initiative aligns with the company’s commitment to fostering skill development and creating employment opportunities in the regions it serves. Partnerships with insurance providers, EV manufacturers, and OEMs are strengthening the company’s service offerings, positioning it as a comprehensive solution provider in the two-wheeler service space.