New Business Opportunity

KFC hits century, planning for more stores

KFC announces the opening of its 100th store in India and the global chicken restaurant chain leader plans to grow aggressively in the Indian market, to touch 500 stores by 2015. The company had grown from 50 stores in 2009 to 100 stores today. In the pipeline is the plan to add 70 to 75 stores every year as the company has been expanding in the cities where it is already present and also entering new ones. The company is keen on entering new cities like Madurai, Salem, Hubli, Mysore in the south and Kanpur, Allahabad in the north. Really a good taste, this expansion plan for KFC will bring a new taste of signage business to the signage players engaging into in-store displays and others.

Lenovo enters Gujarat for new stores

After having teamed up with an Ahmedabad-based computer retailing company, Lenovo India, a multi-national computers maker, is now scouting for yet another partner to penetrate further into Tier-III-V towns in Gujarat. The company is in talks with Ahmedabad-based Aegis Infoware Pvt Ltd for rolling out 20 retail outlets under its exclusive retail outlet chain, ‘LES Lite’ (Lenovo Exclusive Store). Lenovo’s historic foray into Gujarat will mark a new milestone for signage companies dealing with in-store signage and others to embark upon a new business height.

Steel majors eye huge returns in retail

As the infrastructure sector gaining momentum on the back of an economic revival, steel majors are looking to cash in on the opportunity by revamping retail outlets in India. Companies such as Essar Steel, Ispat Industries and JSW Steel plan to ramp up their outlets and are eyeing at least 30-35 percent growth through retail sales in the next two years. Such expansion in the infrastructure sector would boost business of signage companies dealing with in-store displays and POPs across the country.

Nitesh Estates to foray into retail segment

Bangalore-headquartered real estate developer Nitesh Estates Ltd is planning to raise around Rs 150 crore in the near future to fund its retail project in the city. The company, which is planning to enter the retail space with the development of ‘Nitesh Mall’, has a plan to invest around Rs 325 crore in this retail project. They also plan to develop mall projects worth around $300 million in Chennai, Thiruvananthapuram and Kochi. For this Nitish Estates has tied up with Citigroup for the projects in the next 2-3 years. Now, big city malls are going to get erected around.  So is the reason why signage companies dealing with in-store displays could make themselves ready to grab the new opportunity.

Safal to open franchise outlets

Safal, the brand name of Mother Dairy Fruit and Vegetable Pvt Ltd, will expand through franchisee model and accordingly might set up outlets across India, depending upon the business proposals they receive. The company also plans to launch 100 more fruit and vegetable outlets in the next 12 months. Safal has 400 outlets across Delhi and NCR and 25 big format stores (1,500-2,000 sq ft) in Bangalore. The new expansion policy of the company eventually brings in a business opportunity to the signage companies, such as PSPs, fabricators, sign  suppliers and others engaging in retail sector.

Bata unveils largest store in NCR

As part of its revival plans, leading footwear major Bata India Limited opened its largest store in the national capital region with a floor area of 4,400 sq ft, at a cost of Rs 50 lakh. The company plans to open large stores which would have its flagship Bata brand as well as other brands like Power, Reebok and Hush Puppies. The revival of the largest footwear retailer would now depend on larger stores in tier-I and II cities, which in turn would bring in a new business opportunity to a number of signage players, particularly dealing with in-shop displays.

Mother Dairy opening 100 more fruit & veg outlets in NCR

Mother Dairy Fruit & Vegetables plans to open 100 additional stores in the national capital region (NCR) in the next one year. National Dairy Development Board subsidiary Mother Dairy Fruit & Vegetables plans to open 100 additional stores in the national capital region (NCR) in the next one year. The company has identified around 80-90 locations in the NCR where the company would be opening these outlets, most of which will be on franchise mode. The new Mother Dairy Fruit & Vegetables outlets would benefit the signage players who are dealing with the retail shop segment.

Urban tea stalls in Mumbai

After bringing world cuisine to the city’s palate, restaurateur Farhan Azmi has now gone back to his roots with his

HyperCity to hit south and west

HyperCity, the hypermarket chain of K Raheja Corp Group, which launched its first store in Mumbai in May 2006, is

Titan expanding to add 100 more stores

Titan Industries has stepped up its efforts to expand in the domestic and the international markets. The watch major that already commands around 65 percent market share in the Indian market and plans to add 100 Titan stores over the next five years as its eyes an annual 2 percent growth over the same period from the domestic market. At present, Titan has 300 stores across 130 cities and after its expansion the company would add another 40 cities to this list. The new cities would include smaller ones such as Coimbatore, Vishkhapatnam and Jaipur. Titan’s new stores would bring new business opportunities to the signage domain where in-store companies would get benefited.

Starbucks plans to foray into India

Iconic US coffee retailer Starbucks has renewed its interest in the Indian market. The world’s largest coffee retailer is said

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