VLCC adopts franchising channel for expansion

Published on Fri, Oct 06, 2006 at 12:35 |  Source : Moneycontrol.com

Updated at Fri, Oct 06, 2006 at 13:44  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr

RELATED NEWS

VLCC healthcare Limited, India's largest slimming, fitness and beauty brand, today announced plans to adopt the franchising route to open 200 centers by the end of 2008 -2009. This is part of the expansion plan of 300 centers announced early this year.  This is the first time that VLCC has chosen this route of expansion, which till now operates through 100 fully, owned centers across India. VLCC plans to complete the first phase of the rollout by opening 55 centers by the end of this year.

 

VLCC's franchising model will focus on towns with a population between 100 million to 500 million, which includes towns/ cities like Rohtak, Karnal, Phagwara, Moga, Udiapur, Ajmer, Meerut, Muzaffanagar, Jhansi, Roorkee, Dhanbad, Jamnagar, Rachi, Kolhapur, Kozhikode to name a few.

 

VLCC has witnessed growing health consciousness among the middle class of these towns and cities. With limited or no alternatives available with these customers in category B and C cities VLCC plans to enter these cities with its world-class technology and quality of products through the franchise channel.

 

Mr. Yogesh Sethi COO VLCC Healthcare Ltd. said "Research indicates that smaller towns increasingly mirror the lifestyle and awareness trends of the metros. We have seen huge interest in the services offered by VLCC and therefore feel certain that our entry into this segment will be met with great enthusiasm. We believe that the franchisee channel is the correct approach to tap the huge consumer base which still remains unexplored in these cities and towns. "

 

Contd. on page 2 .......

 

  

Trending News

Business News

22-inch Android tablet from ViewSonic to be unveiled at Computex
Reebok execs named in Rs 870 cr fraud denied anticipatory bail "Reebok execs named in Rs 870 cr fraud denied anticipatory bail"

Kolkata Knight Riders win maiden IPL title

Sampriti Cap Says On CNBC-TV18 Will Look At Jain Irrigation Once Receivables Decline

The latest earning numbers FIRST on CNBC-TV18
Videos

May 25 2012, 22:26

NHPC posts profit amid capacity addition, delay woes

- in Results Boardroom

Interviews

May 27 2012, 11:52 | Source: CNBC-TV18

Expect to maintain EBIDTA margin ahead: Wockhardt  

May 27 2012, 11:00 | Source: CNBC-TV18

e-commerce market in India: What's in store?  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!