Touchmate to establish 30 retail stores in FY 10-11

The company has appointed 14 distributors in the Q1 and Q2 of FY 10-11, and the business has witnessed a growth of about 80 percent

Sikta Samantaray

Mumbai, October 22

Touchmate India, IT and lifestyle products manufacturer, has planned to come up with about 30 retail outlets (franchise-based) across the cities of Bhubaneshwar and Vishakhapatnam. Alok Gupta, MD, Touchmate India said, “Through this initiative, we are aiming to make our presence stronger in the country and the plans are focused on expanding our reach out to the end customers.” He further said, “Touchmate India has appointed 14 distributors and our business has witnessed a growth of about 80 percent in Q1 and Q2 this year.” Currently, the company has over 600 resellers across India.

Also, encouraging its channel partner for the further growth of business across country, Touchmate India has recently launched various schemes for the secondary channel. From the company's existing base of channel partners, over 400 plus partners have successfully qualified for the schemes. Gupta informed, “In order to drive our channel partners' driven business, Touchmate India is presently offering Diwali Dhamaka scheme for its distributors for the quarter OND'2010.” The company's existing products like the mini portable rechargeable speakers, Universal notebook power adapter, home theater, notebook cooler pad table and many more products have already grabbed many eyeballs. Further, the company has plans to pitch various ranges of digital lifestyle products for corporate gifting. Elaborating future plans, Gupta added, “We will focus on right execution and strive to achieve perfection in the shortest time possible. And at the same time, we will keep our partners, regardless their size, on board at every step we take.