Telecom retail chain Essar Telecom Retail is keen on achieving a turnover of Rs4,000-crore
within the next three years, according to reports.
echo company CEO and director, Rajiv Agarwal’s confidence in securing a
a turnover of Rs800 crore this fiscal, and plans to scale up to Rs4,000 crore
in the next three years.
company also reportedly about to undertake massive expansion plans for its retail
network during the same period, to about 2,500 stores from the existing 300. The
company’s retail network will see its presence in over 600 towns and cities
in about three years, with a headcount of around 12,000-15,000.
of now, Essar Telecom Retail has 300 stores across 35 cities, employing around
2,000 personnel. This end of this fiscal should see that number go up to 300 stores,
according to company plans, with the headcount reaching 5,000.
to entry into this retail segment include high rentals and space, which curtail
presence in high visibility and prime locations.