Godrej Interio brings to Chennai a new Designer Furniture destination at Velachery, Bypass Road Godrej Interio arrives with the latest spring 2010 collection
Godrej Interio, India's leading home, office furniture & Interior Solutions Company today launched its first Franchise store in the city at Velachery, Bypass Road in association with Sarada Agencies, one of the leading Wholesale Dealers of Home & Office furniture in Chennai. The store is located in key retail hub of Chennai and is a perfect lifestyle destination. The store was inaugurated by Mr. Anil Mathur, COO, Godrej Interio.
Chennai, Tamil Nadu, April 28, 2010 -- Godrej Interio is totally committed to providing the highest quality furniture. The design teams work closely with consumers to determine their likes and preferences and these requirements are what can be seen in the products. While the designs are contemporary they reflect the lifestyle needs of the Indian consumers.
The store showcases vibrant, innovative furniture designed by renowned In house designers at Godrej Interio to give its customers the best shopping experience. Spread over an area of 5500 sq ft the Godrej Interio store has great visibility and is located at the most happening shopping area in Chennai.
Mr. Anil Mathur, COO, Godrej Interio on the occasion said "We are delighted to open our first franchisee store in Chennai. Godrej Interio is India's largest furniture brand and has been committed in delivering and bringing alive every consumers dream space. We are looking at expansion constantly to reach more and more consumers and plan to launch 70 stores by the year 2013".
Mr. Mathur also added that foraying into the franchise business will not only provide improved & consistent customer experience across all Godrej Interio stores but will also help in delighting customers by gaining better control and knowledge through a direct interface.
Notes to Editor
Godrej Interio integrates the concept of functional and contemporary furniture. A perfect amalgamation of time tested values and contemporary outlook. It's vibrant stylish and comfortable. When it comes to furniture, be it office, home or even designer furniture like the recent range of home furniture designed by Krsna Mehta, Godrej Interio has the entire range under one roof. Godrej Interio delivers ergonomically designed & contemporary Seating, Desking, Open Plan Office Systems, Storages, Bedroom Sets, Dining sets, Kitchens, Labs, Hospitals, Interiors, Carpets, Modular accommodation for the Navy and Kid's furniture-that are comfortable, healthy and productive. With the range of Home furniture & decor solutions, Godrej provides the warmth & comfort that reflects a happy, at ease family.
Sarada Agencies, a Company set up in 1952 by the promoter family of Facit Typewriters, diversified into the field of Office Furniture in 1970. It took up wholesale dealership of Godrej range of Home & Office Furniture in 2001 and in a short span of time topped the list of major contributors. They set up their first home store for Godrej Furniture in 2001 in Adyar, a cosmopolitan area in South Chennai. Since the potential of home furniture business was growing, they set up furniture showroom at Velachery, in June 2008 displaying all range of Godrej Home and Office Furniture and has been a one stop shop for all Furniture requirements. Taking that relation forward they now have a brand new, modern and spacious franchise store, which will make the Godrej Interio shopping a Bigger, Brighter, Better experience.
The Godrej Interio group to stand true to the Godrej mission to conserve the environment, designs products, sets up processes and uses raw materials that are eco-friendly to do their bit to preserve natural resources.
Source:PR Wire
Tags:Chennai Franchise,Godrej Interio, furniture franchise, Franchise Business, furniture business, best franchise,franchise store, new franchise, godrej franchise, furniture store
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Wednesday, April 28, 2010
Godrej Interio Opens Its First Franchise Store In Chennai
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Monday, April 26, 2010
Jetking To Add 20 New Locations For Its Computer Education Franchise Network.
Jetking to open 20 new franchises across India
New Delhi | Sunday, Apr 25 2010 IST
Aiming to bring education to every door step, Jetking Infotrain Ltd is all set to open 20 new franchises in the country this year. The institute, that trains youth in computer hardware and networking, has over 135 training centers at present and claims to have placed about four lakh technical and non-technical students in various companies. ''The new centres will be primarily focused in eastern and southern part of the country. The locations will include Tamil Nadu, Kerala and Andhra Pradesh in south, along with the north-eastern states,'' Urvashi Bharwani, Vice-president, Sales and Marketing, Jetking Infotrain Ltd, told UNI today. The present centres include more than 10 in Delhi and NCR wherein students from all over the country such as Rewari, Sri Ganganagar, Bijnor, Gorakhpur, Allahabad, Haldwani and Delhi and NCR study. Talking about the teaching methodology used at the centres, Ms Bharwani stated that building confidence along with providing right skills to the students remained their priority. ''The students are trained by certified trainers who have already been trained by our technical team. Efforts remain constant to upgrade their knowledge according to the industry needs so as to motivate them in performing well,'' she said. The institute uses its unique Smartlab Plus teaching methodology that focuses on personality development, English-speaking, Yoga, sixty per cent practical, CBT, field visits and quizzes.
''Through this methodology, we break the journey of the student into small interesting steps maintaining his or her interest,'' Ms Bharwani said. The institute has launched a new course this year named Jetking Certified Hardware and Networking Engineer (JCHNE). It is a year long course wherein the classes are held for two hours daily. The institute also organises placement weeks in every city annually. The last one was held on April 6 wherein more than 35 students got on the spot job offers and around 260 students were short-listed at the fair, Ms Bharwani claimed. She added that 950 students (under-graduates and graduates) from 19 different centers and representatives of 13 IT companies had participated in the event.
Tags:Computer Franchise,education franchise,hardware franchise,top franchise,best franchise,franchise brand,training franchise
New Delhi | Sunday, Apr 25 2010 IST
Aiming to bring education to every door step, Jetking Infotrain Ltd is all set to open 20 new franchises in the country this year. The institute, that trains youth in computer hardware and networking, has over 135 training centers at present and claims to have placed about four lakh technical and non-technical students in various companies. ''The new centres will be primarily focused in eastern and southern part of the country. The locations will include Tamil Nadu, Kerala and Andhra Pradesh in south, along with the north-eastern states,'' Urvashi Bharwani, Vice-president, Sales and Marketing, Jetking Infotrain Ltd, told UNI today. The present centres include more than 10 in Delhi and NCR wherein students from all over the country such as Rewari, Sri Ganganagar, Bijnor, Gorakhpur, Allahabad, Haldwani and Delhi and NCR study. Talking about the teaching methodology used at the centres, Ms Bharwani stated that building confidence along with providing right skills to the students remained their priority. ''The students are trained by certified trainers who have already been trained by our technical team. Efforts remain constant to upgrade their knowledge according to the industry needs so as to motivate them in performing well,'' she said. The institute uses its unique Smartlab Plus teaching methodology that focuses on personality development, English-speaking, Yoga, sixty per cent practical, CBT, field visits and quizzes.
''Through this methodology, we break the journey of the student into small interesting steps maintaining his or her interest,'' Ms Bharwani said. The institute has launched a new course this year named Jetking Certified Hardware and Networking Engineer (JCHNE). It is a year long course wherein the classes are held for two hours daily. The institute also organises placement weeks in every city annually. The last one was held on April 6 wherein more than 35 students got on the spot job offers and around 260 students were short-listed at the fair, Ms Bharwani claimed. She added that 950 students (under-graduates and graduates) from 19 different centers and representatives of 13 IT companies had participated in the event.
Tags:Computer Franchise,education franchise,hardware franchise,top franchise,best franchise,franchise brand,training franchise
Friday, April 23, 2010
Foreign Retail Brands Hotting Up For India Expansion
Foreign retailers increase India focus and look at India Expansion
New Delhi, April 19
The positive sentiment in the domestic retail market is driving foreign retailers to increase their focus on the Indian shores. After lying low for nearly two years, retailers are firming up plans to increase their presence in the sub-continent not just through retail expansion but also price cuts to find a foot here.
Major retailers Walmart, The Body Shop and Artsana Inc. are putting expansions back on their strategies and are looking to expand business in india. Most companies had put a brake on expansions into India after the economic recession put their plans in a limbo.
Scouting for locations
Bharti Walmart, the 50:50 joint venture between Bharti Enterprises and the US-based Walmart Inc, said it is also looking to foray into southern and western parts of India within the next 18-24 months. The company is also understood to be scouting for locations in these regions but is yet to take a decision on the total number of outlets likely to be set up. “Within 12-18 months we should be able to be in the southern markets. We are focusing on all four southern states. And, probably after that, within two years, we will be in west India,” Mr Raj Jain, Managing Director and CEO, hief Executive Officer, said. Bharti Walmart had set up its first venture last year. “We see India as a mega place for our worldwide sourcing. Indian products can be exported to other Asian countries, Europe and even the US,” Mr Scott Price, Wal-Mart Asia President and CEO, said.
Similarly, cosmetic retailer The Body Shop is taking its store presence to 35 stores across 16 cities in India. The company said its expansion will include shop-in-shops as well as standalone stores.
“We have a tie with Future Group's Central Mall and Debenhams. We are also looking to forge a similar alliance with Shopper's Stop. We are also going aggressive on our pricing. Our price reduction strategy has helped us reach a broader spectrum of shoppers, thereby, widening our consumer base in India,” Mr Jonathan Price, Managing Director, The Body Shop, said, adding accessibility and affordability will be the key to its expansion in India.
In India, the company also has a franchising arrangement with Planet Retail Group where the former focuses on product development and training while the latter takes care of expansion into new territory.
Italian conglomerate Artsana, a €1.4-billion company, engaged in the business of babycare and healthcare, has entered India through single-brand retailing.
“We decided to come to India after we saw the growth potential in this market. The BRICs region is important for us and we are looking for investments here,” Mr Michele Catelli, Chairman and Managing Director of the family-led Artsana Group, said.
The company operates in 120 countries with over 21 subsidiaries globally. The group opened its maiden flagship ‘Chicco' store in Delhi, said it will be opening a slew of stores in major metros.
“We will be opening at least 8-10 stores in the next couple of months. This will help us not just in brand building but also give a keen insight into consumers' buying behaviour and price positioning for the Indian market,” he said, adding the company is keeping its pricing competitive in India.
Positive signals
The London-based property development and property search company Casa Forma said the sentiment in the real estate sector is positive. “We are seeing a turnaround in India and to step up our presence here we have hired a team,” Mr Fazia Seth, CEO, said. The company is exploring possibilities to design properties for individual and institutional clients.
Source:Bindu D. Menon:Hindu Business Line
New Delhi, April 19
The positive sentiment in the domestic retail market is driving foreign retailers to increase their focus on the Indian shores. After lying low for nearly two years, retailers are firming up plans to increase their presence in the sub-continent not just through retail expansion but also price cuts to find a foot here.
Major retailers Walmart, The Body Shop and Artsana Inc. are putting expansions back on their strategies and are looking to expand business in india. Most companies had put a brake on expansions into India after the economic recession put their plans in a limbo.
Scouting for locations
Bharti Walmart, the 50:50 joint venture between Bharti Enterprises and the US-based Walmart Inc, said it is also looking to foray into southern and western parts of India within the next 18-24 months. The company is also understood to be scouting for locations in these regions but is yet to take a decision on the total number of outlets likely to be set up. “Within 12-18 months we should be able to be in the southern markets. We are focusing on all four southern states. And, probably after that, within two years, we will be in west India,” Mr Raj Jain, Managing Director and CEO, hief Executive Officer, said. Bharti Walmart had set up its first venture last year. “We see India as a mega place for our worldwide sourcing. Indian products can be exported to other Asian countries, Europe and even the US,” Mr Scott Price, Wal-Mart Asia President and CEO, said.
Similarly, cosmetic retailer The Body Shop is taking its store presence to 35 stores across 16 cities in India. The company said its expansion will include shop-in-shops as well as standalone stores.
“We have a tie with Future Group's Central Mall and Debenhams. We are also looking to forge a similar alliance with Shopper's Stop. We are also going aggressive on our pricing. Our price reduction strategy has helped us reach a broader spectrum of shoppers, thereby, widening our consumer base in India,” Mr Jonathan Price, Managing Director, The Body Shop, said, adding accessibility and affordability will be the key to its expansion in India.
In India, the company also has a franchising arrangement with Planet Retail Group where the former focuses on product development and training while the latter takes care of expansion into new territory.
Italian conglomerate Artsana, a €1.4-billion company, engaged in the business of babycare and healthcare, has entered India through single-brand retailing.
“We decided to come to India after we saw the growth potential in this market. The BRICs region is important for us and we are looking for investments here,” Mr Michele Catelli, Chairman and Managing Director of the family-led Artsana Group, said.
The company operates in 120 countries with over 21 subsidiaries globally. The group opened its maiden flagship ‘Chicco' store in Delhi, said it will be opening a slew of stores in major metros.
“We will be opening at least 8-10 stores in the next couple of months. This will help us not just in brand building but also give a keen insight into consumers' buying behaviour and price positioning for the Indian market,” he said, adding the company is keeping its pricing competitive in India.
Positive signals
The London-based property development and property search company Casa Forma said the sentiment in the real estate sector is positive. “We are seeing a turnaround in India and to step up our presence here we have hired a team,” Mr Fazia Seth, CEO, said. The company is exploring possibilities to design properties for individual and institutional clients.
Source:Bindu D. Menon:Hindu Business Line
Thursday, April 22, 2010
Bradford To Bring Its Licensed Brands Portfolio To India
Bradford looks to bring up to 5 licenced brands to India
US-based brand licencing agency Bradford today said it plans to extend its agreements with international clients to sell and market merchandise sporting global brand names in India.
The company, which has international clients such as Pepsi, Beverly Hills, Mountain Dew, 7 Up and Hollywood star Denise Richards, said it is negotiations with some of them to sell their licenced merchandise in India.
Under brand licencing, Bradford will enter into agreements with its clients for marketing and sale of merchandise and other accessories in India as a means to promote these brands among consumers.
"Our target will be to have 3-5 clients in India within two years. We are already talking with some of our existing global clients to start merchandising their accessories in India and we are also keen to tap local India players," Bradford Licensing President Michelle Minieri told PTI.
She said the company is also looking at tapping local Indian corporates, besides Bollywood icons and cricket stars, as part of its plan to gain a foothold in the newly emerging licensing market in the country.
"We see lot of potential in segments like apparels and accesories like socks, bags and ties as licensing items for the brands. In addition, we are also keen to tap Bollywood icons, cricket stars and events like the IPL, which are all recognised globally," Minieri said.
"Globally, licencing is a multi-billion dollar industry, but it is only evolving in India. However, Indian customers crave for brands and for companies, licencing is an easy way to make their brands recognisable," Minieri said.
She added that Bradford will also explore the option of taking Indian companies and individual industrialists abroad as global licencees
Source:Press Trust of India / New Delhi, April 22, 2010, 17:25 IST
US-based brand licencing agency Bradford today said it plans to extend its agreements with international clients to sell and market merchandise sporting global brand names in India.
The company, which has international clients such as Pepsi, Beverly Hills, Mountain Dew, 7 Up and Hollywood star Denise Richards, said it is negotiations with some of them to sell their licenced merchandise in India.
Under brand licencing, Bradford will enter into agreements with its clients for marketing and sale of merchandise and other accessories in India as a means to promote these brands among consumers.
"Our target will be to have 3-5 clients in India within two years. We are already talking with some of our existing global clients to start merchandising their accessories in India and we are also keen to tap local India players," Bradford Licensing President Michelle Minieri told PTI.
She said the company is also looking at tapping local Indian corporates, besides Bollywood icons and cricket stars, as part of its plan to gain a foothold in the newly emerging licensing market in the country.
"We see lot of potential in segments like apparels and accesories like socks, bags and ties as licensing items for the brands. In addition, we are also keen to tap Bollywood icons, cricket stars and events like the IPL, which are all recognised globally," Minieri said.
"Globally, licencing is a multi-billion dollar industry, but it is only evolving in India. However, Indian customers crave for brands and for companies, licencing is an easy way to make their brands recognisable," Minieri said.
She added that Bradford will also explore the option of taking Indian companies and individual industrialists abroad as global licencees
Source:Press Trust of India / New Delhi, April 22, 2010, 17:25 IST
Remax Seeking Agressive Franchise Expansion In India
Remax scouting for franchisee partners
The Denver (US)-based real estate brokerage firm Remax brings its franchisee model into India and is scouting for partners. The company, which has over 7,000 offices and presence in 80 countries, announced the launch of Remax operations in Andhra Pradesh through a franchisee partner with base in Hyderabad.
The Chairman and Managing Director of Remax India, Mr Samir Chopra, said that the company through its partners and franchisees plans to play the role of a facilitator for people scouting for properties, both commercial and residential. This is an extremely well organised business in other markets. “The day is not far away, when real estate brokerage will also become well organised in India,” he explained.
Addressing a press conference , Mr Chopra said that the company may also consider property management services in India as it provides in other markets in the long run. The licensing model for brokerages works well as it is mutually beneficial. This is based on revenue share with maximum returns for the local agent of the franchisee.
The US company is in the process of negotiations for franchisees . “In Andhra Pradesh alone, we will have about 8-10 franchisees in major towns in the State. We expect to commence transactions from June,” Mr A. Balajee Kumar, Regional Director, said.
Tags:Real Estate Franchise,licensing model,
The Denver (US)-based real estate brokerage firm Remax brings its franchisee model into India and is scouting for partners. The company, which has over 7,000 offices and presence in 80 countries, announced the launch of Remax operations in Andhra Pradesh through a franchisee partner with base in Hyderabad.
The Chairman and Managing Director of Remax India, Mr Samir Chopra, said that the company through its partners and franchisees plans to play the role of a facilitator for people scouting for properties, both commercial and residential. This is an extremely well organised business in other markets. “The day is not far away, when real estate brokerage will also become well organised in India,” he explained.
Addressing a press conference , Mr Chopra said that the company may also consider property management services in India as it provides in other markets in the long run. The licensing model for brokerages works well as it is mutually beneficial. This is based on revenue share with maximum returns for the local agent of the franchisee.
The US company is in the process of negotiations for franchisees . “In Andhra Pradesh alone, we will have about 8-10 franchisees in major towns in the State. We expect to commence transactions from June,” Mr A. Balajee Kumar, Regional Director, said.
Tags:Real Estate Franchise,licensing model,
Wednesday, April 21, 2010
Xtreme Sports Bar To Open 30 Outlets By 2012
Xtreme Sports Bar (XSB) owned and operated by Hyderabad-based SuryaRay Elixirs Pvt Ltd is planning to operate 30 outlets (both owned and franchise) by end of 2012. Furthermore, the company aims to take the brand overseas in next two years in Europe, Australia and the US. Currently operating in Hyderabad (four outlets), Bengaluru (two outlets), Gurgaon (one outlet), it has recently opened its new outlet in Mumbai. There are plans to have around 10 more XSBs in India by the end of this year. The company is investing Rs 30 crore for its pan India expansion in the next two months.
Speaking exclusively with Hospitality Biz, Ramya Vankina, Chief Marketing Officer, Xtreme Sports Bar said, “With the sports season steaming up in India, the concept of Sports Bar is also emerging with a good pace. We are trying to tap the opportunity at the right time by targeting IPL (Indian Premier League) in cities like Kolkata, Chennai, Jaipur and Chandigarh for our pan India expansion. We are also working at opening additional XSBs in few cities like Mumbai, Delhi, Bengaluru where the demand is high.” The company is opening one outlet in Vishakhapatnam by this month end, two more outlets in Mumbai, one each in Delhi and Bengaluru by end of this year.
Talking about the marketing strategies, Vankina said, “We will mainly focus on word-of-mouth marketing and try to reach our target audience through niche marketing tactics, which includes advertising in selective publications and cross marketing with sports brand. We also have a strong presence on social networking sites where we interact and take feedback from our members and clients. With increasing number of outlets across the country, we are slowly focusing on print and online media as well.” The bar have loyalty programme – Xtreme MPB (Most Valued Player) card in silver, gold and platinum category which can be used at all XSB across the country. It also sends out monthly newsletter to all its members updating them about their in-house events, rock bands performances, Karaoke nights and sport quizzes.
Tags:Xtreme Sports Bar,Bar franchise,Pub Franchise,Rock Pub Franchise,Sports Bar Franchise,Start A Franchise,Fast Food Franchise,Cafe Franchise
Speaking exclusively with Hospitality Biz, Ramya Vankina, Chief Marketing Officer, Xtreme Sports Bar said, “With the sports season steaming up in India, the concept of Sports Bar is also emerging with a good pace. We are trying to tap the opportunity at the right time by targeting IPL (Indian Premier League) in cities like Kolkata, Chennai, Jaipur and Chandigarh for our pan India expansion. We are also working at opening additional XSBs in few cities like Mumbai, Delhi, Bengaluru where the demand is high.” The company is opening one outlet in Vishakhapatnam by this month end, two more outlets in Mumbai, one each in Delhi and Bengaluru by end of this year.
Talking about the marketing strategies, Vankina said, “We will mainly focus on word-of-mouth marketing and try to reach our target audience through niche marketing tactics, which includes advertising in selective publications and cross marketing with sports brand. We also have a strong presence on social networking sites where we interact and take feedback from our members and clients. With increasing number of outlets across the country, we are slowly focusing on print and online media as well.” The bar have loyalty programme – Xtreme MPB (Most Valued Player) card in silver, gold and platinum category which can be used at all XSB across the country. It also sends out monthly newsletter to all its members updating them about their in-house events, rock bands performances, Karaoke nights and sport quizzes.
Tags:Xtreme Sports Bar,Bar franchise,Pub Franchise,Rock Pub Franchise,Sports Bar Franchise,Start A Franchise,Fast Food Franchise,Cafe Franchise
Raymonds Franchise Stores to Be Added This Year In More Than 100 New Locations Across India
Raymond to take franchisee route to open 100 stores
Mumbai:Friday 16 April, 2010, The Rs 1,200-crore Raymond Ltd is planning to open 100 retail stores through its franchisee network in tier-IV and V cities like Bijapur, Mandya and Bellary in Karnataka, and Ahmednagar and Bhandara in Maharashtra, among others, in calendar year 2010. This is more than the 76 franchise stores the company opened in 2009-10 with an investment of around Rs 25 crore.
The branded apparel and textile major currently has approximately 10 lakh sq ft of retail space across 520-odd stores. Of these, around 60 are owned by the firm.
‘The Raymond Shop’ stores stock exclusive Raymond brands, which include ColorPlus, Park Avenue and Parx. Around 450 are the company’s franchisees. Retailing contributes 49% to the company’s overall revenues.
Raymond president (retail & business development) Rakesh Pandey said: “We are opening 100 stores through our franchisee network in tier IV and V cities by the end of this calendar year.” He added that the revenues from these stores are expected to be around Rs 30 crore.
The total revenue from the retail business could not be ascertained because some of Raymond's brands are produced by its subsidiaries, and will only be available in company’s annual balance sheet.
Last week, the company launched a ‘made-to-measure’ store at Palladium, located in the famous Phoenix Mills mall in Mumbai. The store is a 500 sq ft area, which mainly offers custom fits of garments.
In fiscal 2009, Raymond operated with a same-store-sales (SSS) growth of 7% and closed its third quarter with a total income of Rs 375 crore. The Raymond group has around 12 subsidiaries, out of which Raymond handles the textiles, engineering and aviation businesses. Other subsidiaries include Raymond Apparel Ltd, ColourPlus Fashion Ltd, EverBlue Apparel Ltd and Silver Spark Apparel.
Last October, the company CMD Gautam Singhania had announced an investment of Rs 100 crore to open about 300 stores across the country by end-March 2011 as part of Raymond’s expansion plans.
Tags:Best Franchise, Retail Franchise, Top Franchise,franchise companies, new franchise
Mumbai:Friday 16 April, 2010, The Rs 1,200-crore Raymond Ltd is planning to open 100 retail stores through its franchisee network in tier-IV and V cities like Bijapur, Mandya and Bellary in Karnataka, and Ahmednagar and Bhandara in Maharashtra, among others, in calendar year 2010. This is more than the 76 franchise stores the company opened in 2009-10 with an investment of around Rs 25 crore.
The branded apparel and textile major currently has approximately 10 lakh sq ft of retail space across 520-odd stores. Of these, around 60 are owned by the firm.
‘The Raymond Shop’ stores stock exclusive Raymond brands, which include ColorPlus, Park Avenue and Parx. Around 450 are the company’s franchisees. Retailing contributes 49% to the company’s overall revenues.
Raymond president (retail & business development) Rakesh Pandey said: “We are opening 100 stores through our franchisee network in tier IV and V cities by the end of this calendar year.” He added that the revenues from these stores are expected to be around Rs 30 crore.
The total revenue from the retail business could not be ascertained because some of Raymond's brands are produced by its subsidiaries, and will only be available in company’s annual balance sheet.
Last week, the company launched a ‘made-to-measure’ store at Palladium, located in the famous Phoenix Mills mall in Mumbai. The store is a 500 sq ft area, which mainly offers custom fits of garments.
In fiscal 2009, Raymond operated with a same-store-sales (SSS) growth of 7% and closed its third quarter with a total income of Rs 375 crore. The Raymond group has around 12 subsidiaries, out of which Raymond handles the textiles, engineering and aviation businesses. Other subsidiaries include Raymond Apparel Ltd, ColourPlus Fashion Ltd, EverBlue Apparel Ltd and Silver Spark Apparel.
Last October, the company CMD Gautam Singhania had announced an investment of Rs 100 crore to open about 300 stores across the country by end-March 2011 as part of Raymond’s expansion plans.
Tags:Best Franchise, Retail Franchise, Top Franchise,franchise companies, new franchise
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