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Indiantelevision.com's Media, Advertising & Marketing Watch
 
Southern retail outlet Viveks plans expansion
 
Indiantelevision.com Team
(29 December 2004 5:00 pm)
 
BANGALORE: The Chennai headquartered consumer durables, electronics, electronic appliances and computer chain store Viveks Ltd. has added its fiftieth retail outlet in the country and the ninth in Bangalore at 100 feet road, Indiranagar in Bangalore.
 
 
On the anvil are plans to add another six over the next year at Bangalore and six to eight outlets in Hyderabad-Secunderabad over the next two years, as well as plans to provide touch-screen facilities for customers.
 
 
"We have a presence in Tamil Nadu and in Karnataka. With the plans for outlets in Hyderabad-Secunderabad, we will have a presence in Andhra Pradesh as well," says Viveks associate VP Bangalore B K Shankar. "We are at present the largest consumer durable retail outlet in India - in terms of number of outlets and turnover as well," he claims.
 
 
"Our turnover last year was around Rs. 2 billion, we expect to gross Rs.2.75 billion this year, and in terms of number of outlets, well, we have just launched our fiftieth outlet," Shankad adds.
 
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