CARTRIDGE-WORLD INDIA PLANS 250 STORES BY 2012

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CARTRIDGE-WORLD INDIA PLANS 250 STORES BY 2012

 user 2010-01-04 at 10:38:52 am Views: 47
  • #23183

    CARTRIDGE-WORLD
    INDIA PLANS 250 STORES BY 2012

    Kolkata, JAN 2010
    :Cartridge World, an eco-friendly retailer of printer cartridge
    recharging services, is planning to expand its franchise network to 250
    stores by 2012 in India, said a top official here.Cartridge World
    launched the sixth franchisee store at Laketown in Kolkata. The store
    was launched by West Bengal IT minister Debesh Das.

    Naveen
    Rakhecha – CEO – South Asia, Cartridge World said “Cartridge World has a
    strong presence in all the major Indian cities. We are now looking at
    aggressively expanding into Tier II and Tier III cities too.”“After the
    Lake Town store we are set to launch our 7th store in Kolkata located at
    Kasba in the first week of January 2010 and 3 to 4 more stores in the
    coming year,” he said.Rakhecha further said Cartridge World has chalked
    out aggressive expansion plans for the Indian sub-continent.“Apart from
    spreading its wings in the Tier II and Tier III cities in India, the
    company also has plans to launch stores in Sri Lanka, Bangladesh and
    Nepal. It plans to take its tally of Franchisee stores to approximately
    250 across the Indian sub-continent over the next 2 to 3 years,” the
    official said.Cartridge World was founded in South Australia in 1997. As
    per a company statement, its retail revenue is more than $500 million
    worldwide.
    ttp://www.indiablooms.com/BusinessDetailsPage/businessDetails301209b.php