UAE mobile retailer Cellucom will invest Dh 500 million (Rs 500 crore) for rolling out 500 stores across India by the end of 2009.The company would open 15-20 stores every month in India,where Cellucom already has 200 retail outlets .This year, the company plans to invest Dh 250 million for expansion.Cellucom, one of the largest mobile phone retailers in the region, has 90 stores across the Gulf Cooperation Council (GCC) countries.It employs more than 2,000 professionals across its network. The first retail outlet of Cellucom was established in Dubai in 2001. In 2002, it opened offices in India.Cellucom is in a joint venture with the RPG group.
3.7.08
Cellucom to invest AED 500 million in India
UAE mobile retailer Cellucom will invest Dh 500 million (Rs 500 crore) for rolling out 500 stores across India by the end of 2009.The company would open 15-20 stores every month in India,where Cellucom already has 200 retail outlets .This year, the company plans to invest Dh 250 million for expansion.Cellucom, one of the largest mobile phone retailers in the region, has 90 stores across the Gulf Cooperation Council (GCC) countries.It employs more than 2,000 professionals across its network. The first retail outlet of Cellucom was established in Dubai in 2001. In 2002, it opened offices in India.Cellucom is in a joint venture with the RPG group.
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