Casio inks deal with Reliance Retail

Casio has signed a marketing deal with Reliance Retail, and is in talks with other players to expand its distribution network.

"By increasing visibility of our products with the help of these big retailers, we are expecting our revenue to cross Rs 300 crore in the next five years," Kulbhusan Seth, head (marketing and sales), Casio India told PTI.

The company clocked a turnover of around Rs 60 crore last fiscal, he added.

The firm, which sells electronic items like calculators and synthesisers besides watches, is also planning to expand its product portfolio to include mobile handsets. "As the Indian market grows, we will launch more products, including mobile phones, in the near future," Seth said.