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After a successful penetration in entire eastern and south India (25 stores), Presto Personalised wonders is making its foray in central India and to start with, Presto picks Raipur for its strategic catchments and growing customer demand for lifestyle products. Presto already booked a premium space in upcoming 10lacs sft Magneto mall witch will be operational from sep 09. Presto is now looking for a potential franchisee for its operation in Raipur. |
Cartridge World - India, crosses the 60 store mark - Is amongst the fastest growing countries in the global network of Cartridge World While businesses around the world are looking at strategies to weather the global financial crisis, one Australian company is capitalising on it and expanding its international business. Cartridge World the world's largest cartridge refilling retail chain (with over 1700 stores in 51 countries) has crossed the 60 store mark in India in just two years after entering the market. It is now amongst the fastest growing countries in the Cartridge World global network. Dramatic cost saving measures undertaken by Indian organisations following the economic downturn has seen business boom, according to master franchise representative and Cartridge World’s South Asia CEO, Naveen Rakhecha. “Printer cartridges are not discretionary items; businesses need to print no matter what. In the past 6 months, we’ve seen a significant increase in bulk enquiries from large Indian companies looking to cut costs. The Indian market for cartridges is estimated at A$921 million (Rs 3,000 crore), and growing at 20 to 25 per cent annually. We hope to garner about seven to eight per cent of the market by 2010,” he said. Mr Rakhecha said reusing printer cartridges was not a new concept in India, but the guaranteed quality of the refilled product was the factor behind Cartridge World’s success. “The (refilled cartridge) sector was largely unorganised before Cartridge World entered India. Customers previously had to choose from cheap, poor quality refills or expensive new original cartridges. Cartridge World has bridged that gap with a refilled product of quality comparable to a new cartridge at about half the price,” he said. Cartridge World plans to expand to 250 stores across the Indian sub-continent by 2011. They are exploring expansion opportunities in Bangladesh, Bhutan, Nepal, Sri Lanka and The Maldives. Mr Rakhecha said the rapid expansion of the network could be partly attributed to growth in entrepreneurship, stemming from job insecurity in the current economic climate. Cartridge World was established through a master franchise with pioneering Indian express and logistics network, AFL India Private Limited. AFL India has previously established global brands such as DHL and Western Union in India. According to Mr Rakhecha, Cartridge World’s reputation as world leader in the field, proven international experience and transparency in doing business were crucial for the partnership. Additionally, Cartridge World promoted green consumerism without penalising the customer, he said. “While most environmentally friendly measures tend to cost customers more than conventional options, with Cartridge World refilled cartridges customers can actually save big on costs,” he said
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The year 1994 heralded a whole new era in the flower market of India with the launch of Ferns ‘N’ Petals’ first retail florist outlet. Changing the whole outlook of buying and selling flowers FNP aimed at providing the Indian consumer with high quality domestic and imported exotic flowers at par with international standards. Ferns N Petals, biggest floral retail chain of India, offers to its patrons a vast variety of fresh cut flowers, artificial & dry flower arrangements, besides scented candles, candle stands, imported glass vases, exclusive gift items and potpourris. What sets the company apart is its highly trained and competent staff to serve its customers with elegant designer installation of flowers, beautiful car decors, floral jewellery, and many more innovations done exclusively to keep the customers happy. What started as a single outlet has now become the only brand in retail florists in India. Ferns ‘N’ Petals now boasts of 96 outlets nationwide and has completely revolutionized the concept of franchising. The company has grown drastically in the last 6 months, having established itself in the class ‘A’ cities it is now making its presence felt in the class ‘B’ and ‘C’ cities as well. Its recent foray into the Kashmiri market has been greatly welcomed by the local entrepreneurs. Not being affected by the recession at all the company is infact all geared to open 20 more outlets in the near future. The company is also encouraging women franchisee as a way to beat the recession. FNP strongly believes in upholding its philosophy of ‘The bigger the happier!!!’ Having established is stronghold in the retail sector FNP is also showing a significant growth in the online business. Its website (www.fnp.in) is the most appreciated and widely used online retail service which has witnessed a growth rate of 60% year after year. With the new improved innovations in online retail made by FNP and the brand new look given to its website this figure is only expected to rise. The online service has also tied up with other brands like Archies, Narula’s, Gili, Tata sky etc. taking the business to a new height in providing its customers with unique services. It now caters to not only designer floral arrangements but also takes care of other branded gifts which the customer can easily buy from the FNP website itself. With its tie up with Tata sky it is now possible for the customers to buy flowers while watching TV. |
Opportunity for Women Entrpreneurs
Helen O Grady Drama Academy teaches Speech and Communication Skills through the medium of Drama. It brings about personality enhancing changes by giving confidence and self esteem to people of all age groups. There are 1500 branches spread across 23 countries.
We started in India very humbly with a group of 50 students and two centers in Mumbai. We had 5 centres and 300 students at the end of the first year. A forward looking school gave us a break and we jumped to 2000 students the next year. Today we have over 10,000 students spread through out India with 25 master franchisees operating in various cities. Sky is the limit now.
"World over, this programme is doing wonders especially in the hands of women entrepreneurs who have a passion for education. Educated housewives can handle this business with great ease. That is why, 70% of our franchisees are women. The business can be started from home and then the scope can be expanded as the business grows. Ownership of one's business can give immense satisfaction and financial rewards. And our programme's unique ability to combine learning and fun is hugely gratifying."
TANCLEAN WINS SANKALP AWARD 2009
TANCLEAN has won the SANKALP Awards 2009 in the High Impact, Healthcare Inclusion category!
The awardees were selected from the 300+ nominations the organizers had received from Social Enterprises across the country in various categories.
Brainworks has recently expanded its footprint beyond to Delhi , with the opening of its franchise center in Paschim Vihar, Delhi. In addition, with the opening of two new franchise centers in Pune, it has consolidated its position in the Western region, where in it has existing centers in Mumbai, Pune and Nagpur. Almost all of these centers will continue to provide Preschool (i.e. Playgroup, Nursery) Hobby Classes and Daycare services. This expansion of centers has been accompanied with the introduction of new initiatives, such as the Brainworks Summer Camp, which is successfully running at several centers. Brainworks has also expanded its Brainworks book publishing program with the introduction of over 30+ new titles in recent months, which are now available at most retail outlets in India.