New Business Opportunity

Herbal health and personal care company Himalaya Drug is expanding its exclusive store footprint in Uttar Pradesh and Uttarakhand to […]

RPG Group company Spencer’s Retail expects turnover from its specialty division to increase five folds in the next three years and touch Rs 500 crore. With that the contribution of the specialty division to the overall turnover of Spencer’s Retail will increase to up to 25 per cent in the next three years from 10 per cent at present. As part of plans to achieve its target, the company will be investing about Rs 30 crore this year to increase number of stores across brands in the existing locations and entering new cities across India. A new shift of Spencer’s stores across the country will bring in a new opportunity in the in-store signage segment where PSPs, sign makers, fabricators can tap bran dnew business.

Retail major Future Value Retail India Ltd is looking at opening 60 more stores in all its three segments, in

India leading retailer Shopper’s Stop announces addition of 40 new medium and large-format stores across India in the next four years that could entail an investment of over Rs 500 crore. This fiscal, the company will invest about Rs 180 crore for opening up to 12 departmental stores under the Shoppers Stop brand and four HyperCity hypermarkets. The retailer, which clocked a turnover of Rs 1,578 crore last fiscal, also said it expects sales to touch Rs 1,800 crore this financial year. Magnification of Shopper’s Stop stores across the country is an opportunity for signage companies like in-store media majors, PSPs, fabricators, sign suppliers and others.

OVS Industry, a leading Italian trendy apparel brand, in a joint venture with Brandhouse Retails Ltd, opens its first store

Chennai-based Naru Exports has acquired a major share in Italy’s CIAO World SRL, a garment retail company. Naru will be the 100 percent sourcing agent for CIAO till the end of December this year and from January 1, 2011, it will take over the operations of CIAO. CIAO has 100 retail outlets in Italy and Switzerland and has three garment labels. It sells textile products for men, women and children. It was sourcing its garment needs from Bangladesh, China, Sri Lanka, India and Indonesia so far. Naru Exports, owning garment facility in Tirupur, plans to have its retails outlets in India by 2012. The company’s next level move is for a tie-up with the Italian brand Irge. When the Italian companies mark inroads to the indian retail sector, signage companies engaging in in-store sector will find a new delight to tap a new business.

Panasonic Corp is starting selling of its home electronics and similar products made by subsidiary Sanyo Electric Co via another

Realty major Forum Projects is planning to embark upon an expansion drive adding 3.7 million square feet of retail space within the next three years, with a total investment of Rs 1,000 crore. The projects would be spread across the eastern region and encompassing Tier-II city like Bhubaneswar and Tier-III ones like Jamshedpur and Rourkela, along with Kolkata. Keeping in mind the retail market potential of the eastern region, the real estate major plans to extend its reach to over 2 million square feet of mixed-use development by 2012, and another 3.5 million thereafter. Now the signage players in the eastern Indian region will find pace to tap new business in the in-store/retail segments.

Titan Industries, the largest manufacturer and retailer of watches, is planning to launch 20 new outlets of its new retail format—Titan One—across the country this fiscal. Through Titan One, Titan will focus on scaling up its presence in tier-III markets, where there is need and demand for retail stores. The outlets are pure watch stores to display collections like Titan Tycoon, Raga Flora, Titan Octane, Sonata Superfibre and Fastrack. Of course, the small Titan stores in the tier III markets will help in-store signage companies find big business.

New Delhi-based multiplex operator Satyam Cineplexes will raise Rs 50 crore through a fresh round of private equity (PE) funding

Mirah Group, a major player in the food and beverages (F&B) segment in India, has acquired ‘Rajdhani Thali’, a famous Indian food-chain for an undisclosed amount. With this acquisition, the group also plans to launch a complete brand makeover of ‘Rajdhani’ by opening over 60 outlets pan-India by March 2013. The Mirah Group also outlined aggressive F&B growth plans for India at an investment of over Rs 100 crore in the next two-years. Now that all is well impressed for cutlery delights of the Rajdhani Thali, it is now turn for in-store signage companies to tap new taste of business in the new food outlets.

India’s largest carmaker, Maruti Suzuki, is planning to nearly double sales outlets to 1,500 in the next five years. The

Leading textiles maker and retailer Raymond Ltd plans to add about 100 retail outlets this fiscal as domestic consumer sentiment

Bharti Walmart, the 50:50 joint venture between Bharti Enterprises and US-based Walmart, opens its third wholesale store in Punjab taking the company’s investment in the state to Rs 115 crore. Bharti Walmart opened its first cash & carry—Best Price Modern Wholesale—in Amritsar in May 2009, and added another outlet near Chandigarh this year. The JV is expected to open 10 to 15 wholesale cash-and-carry facilities and employ approximately 6,000-7,000 people over the next three years. The new up-market store is new delight for signage companies engaging extensively in the in-store displays.

The UK-based premium kitchen appliances maker, Kenwood, contemplates setting up manufacturing facility in India once it reaches a certain scale

Several apparel and fashion accessory manufacturers catering to global brands are increasingly shifting the domestic retail market. With the increased of spending power, the sector is very lucrative destination for new business. Mandhana Industries is opening 10 exclusive flagship stores in metros and then it will take it to Tier II cities.  Tirupur-based Royal Classic Group, which targets students and young professional with affordable brands such as Classic Polo and Smash, plans to open around 100 exclusive outlets by the end of 2011. With such swift change in the retail sector, new business opportunity is now on the way for in-store signage companies as well as other associated players like PSPs, fabricators, sign suppliers, etc.

Global digital camera maker Olympus has launched its new exclusive retail store, Olympus Zone, at Edappilly in Cochi, Kerala. The

Porsche, which launched its new five models—Cayenne, Cayenne S, Caynne Turbo, Cayenne Diesel and Cayenne S Hybrid—in the Indian market has already received bookings for all models. The company has already received bookings of at least 70 units. This model represents the perfect balance between elegant design and powerful driving dynamics. Currently, the company has two showrooms and plans to open five more sooner than later. The auto showroom will be an unmatched opportunity for in-store signage companies as well as PSPs, fabricators, sign makers, etc to tap a new business.

HM-Mitsubishi Motors, India’s leading automobile manufacturer, has unveiled the company’s first authorised service outlet in Worli, Mumbai. The service outlet

S Kumars Nationwide Limited, a leading textile and apparel company targets to achieve sales of Rs 500 crore in the next four years from its newly launched apparel brand World Player. The company is basically targeting youth in 18 to 35 years age group from semi urban and rural areas. With the new marketing strategy will boost the company go for pan-India launch of its brands at its new retail formats around West Bengal, Punjab,Haryana and Delhi. S Kumar currently has 12 distributors and 902 retailers in four southern states. The company will also set up over 8,000 point of sale outlets over the next few years across the country.