Salora Unveils its Multi Brand Terminal

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Parent Category: News and Stories

Posted in: Product on Tuesday, 09 September 2008 00:00

Salora Retail Ventures Ltd, a part of Salora Group, has announced the launch of its multi brand digital retail outlets – Terminal, digital electronic stores specializing in consumer durables, IT, telecom, entertainment and healthcare products. Housing an array of leading brands catering to products such as LCD’s, Mobile phone, Digital camera, Camcorders, Laptops, Home theaters, Digital Healthcare, etc, Terminal will be one of its kind stores to offer right mix of products at the right value.

Said by Mr. G.K. Jiwarajka, Vice Chairman and Managing Director, Salora Group, “The Digital electronics category is throwing up exciting opportunities in Indian Market. The electronic market is estimated to be $125 billion by 2015. With a very small percentage of this market being captured by organized retailers, we see huge opportunity in this space in this space in the years to come.” Seeing the Indian economy growth potential, Mr. Gopal Jiwarajka added, “We have seen green revolution, we have seen white revolution and now we are on the verge of digital revolution.” Terminal, with plans to expand pan India, has rolled out 9 retail outlets in the national capital Delhi.