2 more Agrani iSWITCH stores to open within the next month

Agrani Convergence Ltd (ACL), the retailing arm of ASC Enterprises, an Essel Group company that operates telecom, information technology & learning, media & entertainment products and services, expects to commission two more iSWITCH ?technology superstores? before the end of January.

The stores are expected to open in Chennai and Mumbai (in the central suburb of Ghatkopar). There is another outlet expected to open soon after in Chandigarh, a company spokesperson said.

The first iSWITCH store was opened in Bangalore in February 2001. ASC is looking at opening 24 stores across the country by the end of the current financial year. At present there are 11 stores operating - Ahmedabad (one), Bangalore (two), Delhi (three), Noida (one), Jaipur (one), Kanpur (one), Ludhiana (one), and Mumbai (one).

According to the roadmap laid out, the first phase will see retail outlets opening in the top 23 cities across the country. Subsequent to that the aim is to cover 80 per cent of the district headquarters of India by 2006, the spokesperson said.

Per store investment varies according to store location, size, as well as the interiors and inventory but the average costs per outlet is Rs 10 million, she said.

Queried as to the key products that would drive the business, she identified them as IT and telecom products. "Over 90 per cent of our consumers in the SEC-A category (loosely put, with incomes in the upper middle and high bracket) already own a digital notebook and a mobile phone. Clearly, the role of hand-held devices in the contemporary lifestyle is rising and digi cams, personal digital assistants and mobile phones with multimedia facilities are selling like hot cakes," she said.

Elaborating on the main target audience, she said it could be broadly defined as male or female of 15 years and above, belonging to SEC A&B, interested in buying technology products. Broadly speaking, ACL has identified the target audience for Agrani iSWITCH as large sections of society, having technology requirements, she concluded.

Latest Reads
Times Network sets India’s $5 Trillion growth agenda through the 5thedition of ‘India Economic Conclave 2018’: Day 1

Times Network, a part of India’s largest media conglomerate, The Times Group, commenced its signature event, India Economic Conclave 2018 in its 5th edition in Mumbai today.

Television TV Channels News Broadcasting
Zee TV VP marketing Azmat Jagmag quits

Zee TV’s VP for marketing, Azmat Jagmag, who was responsible for brand building, team growth, sales strategy and revenue facilitation, has quit the organisation last month.

Television TV Channels GECs
Hindi GEC most benefited genre in Chrome DM week 49

With a growth of 2.16 per cent as compared to last week (48), the Hindi GEC genre marked the highest opportunity to see (OTS) among all categories in week 49 of Chrome Data Analytics & Media. In the Hindi GEC genre, Star Utsav gained the highest OTS with 99.5 per cent in HSM excluding the less...

Television TV Channels Viewership
Challenge of crafting characters in Indian animation

For most animation producers and distributors, the art of creating content strategy and research is what’s keeping them up at night. But a few of them say that a formulaic approach should be rejected in this category.

Television TV Channels Kids
Ranjana Mangla joins Star Sports as VP - emerging sports

Ranjana Mangla has joined Star Sports as vice president - emerging sports, has learnt. Ranjana, who took charge of her new role on Monday, was the national revenue head of India Today TV in her last gig.

Television TV Channels Sports
Watch the World Television Premiere of Satyameva Jayate on 15th December only on Zee Cinema

We all have seen corruption and apathy in the government and police force etc.

Television TV Channels Movie Channels
Zeel channels most watched Hindi channels across genres

Two Hindi GECs from the Zee Entertainment Enterprises Ltd (Zeel) stable – free-to-air or FTA Zee Anmol and flagship pay TV channel Zee TV were once again the second and third most watched channels across genres in 2018 in week 48 (Saturday, 24 November 2018 to Friday, 30 November 2018).

Television TV Channels Viewership
Our shows will empower people to drive electoral discourse: Network18's Priyanka Kaul

The news genre has entered its peak time – election season. All news channels including Hindi, English and regional have started their election-based programming from the exit polls that took place on 7 December 2018. Election coverage is like the bread and butter for news channels since this is...

Television TV Channels News Broadcasting
Zee Kannada to launch a first-of-its-kind horror thriller fiction show – Aatmabandhana

Zee Kannada, every Kannadiga household’s hub of entertainment, further strengthens its fiction band with innovative content post the successful launch of Paaru.

Television TV Channels Regional

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories