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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
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