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Essar Plans To Set Up 2,500 Mobilestore Outlets In 3 Years

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MUMBAI: Essar-owned The MobileStore, a chain of telecom retail outlets, is planning to have 2,500 stores over the next three years covering every major town in the country.

The company said the first phase of the rollout is already complete and 360 stores are already functional.

According to a backgrounder released by the company at a function here today, Essar ventured in the telecom retail segment based on research which said mobile phone handset market in the country is estimated at Rs 40,000 crore and is growing at about 60 per cent per annum.

India has mobile subscribers base of about 22.5 crore. The trend in retail shopping has shifted from household products to personal products. This is where Essar is creating a niche segment for itself, Rajiv Agarwal, CEO and Director of the company said.

Meanwhile, the company, has announced its association with Microsoft promoted Xbox 360, providers of gaming service.

Xbox 360 has launched a first of its kind shop-in-shop Xbox Entertainment Lounge at The MobileStore at Walkeshwar in Mumbai.

Rajiv Agarwal, said, the complete entertainment provided by Xbox 360 will add to the experience of the customers.

The MobileStore is a one-stop mobile solution shop that provides multi-brand handsets, accessories, repairs under one roof.

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^^^

Thats a great news my dear friend. We need much more of these kind of stores where we get products at best rates with good after sales service.

Regards.

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