Suvidha Infoserve to open 500 stores in Nashik

Suvidhaa Infoserve Pvt Ltd (SIPL) of Shapoorji Pallonji Group, which provides multiple services through single window access points, is planning to open 500 stores in the Nashik division in the next three years (by 2009).

"Today, the retail industry is the fastest growing segment in the country. To assist the service providers bridge the time gap, accessibility and convenience, SIPL has launched a new concept S-Commerce (Service Commerce) to provide them well-customised services. SIPL will enable all consumers across the country to avail any service across any sector at single-window access points in a unique and immense click-and-mortar setup. SIPL will provide all services- be it ticketing for airline, railways, private buses, and movies or billing for telecom, electricity, natural cooking gas or financial services, educational and health services," said the SIPL official.

"We are planning to open 500 stores in Nashik division in the next three years. The Nashik division includes five districts ¿ Nashik, Jalgaon, Ahmednagar, Dhule and Nandurbar. Of 500, around 250 stores will be opened in Nashik district. Each store will be upto 500 sq ft."

SIPL will provide multiple services through a three-tier network, with Suvidhaa flagship stores as tier-1. These will be stores of upto 500 sq ft.

Next will be Suvidhaa Points ¿ on a shop-in-shop model in shops and neighbourhood convenience stores, and the third tier will be the distribution network for key corporate clients, for companies and their employees on a shop-in-corporate model. Each outlet will cover 2,500 families.

"SIPL has major expansion plan in the country in the next three years. The company is planning to set up 10,000 Suvidha Points across the country within a year and plans to reach 1 lakh mark in the next three years. Similarly, SIPL will open 3,000 Suvidhaa Flagship Stores in the next three years. SIPL's key corporate accounts will reach upto 25,000 in the next three years," he said.