New Delhi, May 15 Mobile retail chain HotSpot is scouting for acquisition to strengthen its presence in the organised retail space. The company, which recently had acquired stake in Cellucom, is looking to invest Rs 200 crore for its retail expansions. Pan-India presence “Currently, we are perceived as a North-centric organisation. We are looking at [...]
Written on September 10, 2010 | Posted in
BK modi,
Cellucom,
General,
Hotspot Spice,
Mobile,
Personalities,
Retail,
Retail Telecom,
Sanjeev Mahajan,
Spice |
No comment
Hotspots retails limited mobile retail arm of BK modi group has re-branded as Spice Hotspot. Hotspot was one of the early name in branded retail chain and in North India is a household name. Mobile retailing in India and particularly in north India was started by BK Modi group. Hotspot in North India and particulary [...]
Mobile retailing in India is estimated to rs. 28000 crore per year. It is divided among organized trade and unorganized trade. organize trade has only 10-12% share of it rest is done by unorganized trade. Major players in organized trade are The mobile store (Essar group), Hotspot spice (BK Modi group), Planet M (Videocon), One [...]
