Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | German Electrical Brand Helfinch LTD announces appointment of Super-stockists in IndiaHELFINCH INDIA, the manufacturing arm of HELFINCH LTD (GERMANY) has begun appointing Super-stockists to distribute its LED lighting, electrical wires, and switchgear products across India.
By: Helfinch LTD In its AGM held recently in their London headquarters, HELFINCH LTD announced its full fledged foray into Indian FMEG business, by developing and delivering high-quality German-standard products at extremely competitive pricing. "We think this move is logical given HELFINCH already has proven the Indian market is mature enough to evaluate the quality of lighting products, safety in electrical wires and standards in circuit breaker switchgear, which was remarkable growth in the last one year," press reports said. HELFINCH INDIA has stepped up channel partnerships and has already onboarded few key players who are Super-stockists in northern regions. With these having pre built up significant reach, we believe HELFINCH will use this network to retail its products widely and efficiently. Among HELFINCH new commerce businesses, the B2B model, DirectFromBrand, is well understood though the B2C (via its e-store portal) model is undergoing iterations. As we understand, both these businesses are high-margin today even though there exists a high competitive intensity. Assuming HELFINCH begins distributing its products to 200,000 retailers initially, it can garner FMEG sales to the tune of Rs 250 - 300 crores within 1-2 years of signing up Super-stockists nationwide, the report said. Helfinch LTD (www.helfinch.com) End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|