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Samsung to Open Indian Retail Outlets
Nov 23, 2004
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Samsung India Ltd. announced that it will establish 600 retail outlets, named Samsung Digiworld, throughout India to showcase its information technology (IT) portfolio by the end of the first quarter of 2005.

"The retail outlets, covering 24 cities, is just the first step towards the company's massive plans for India in the coming year," Samsung South West Asia President K S Kim said.

The company said it will launch four new products, including India's first TFT-LCD TV monitor, which can scan, print, and copy at the same time, in the coming months. The company will also launch digital audio players, a new range of personal laser printer platforms, and new multi-function printers in the coming year.

With the new products and its focus on expanding its IT retail network, the company hopes to substantially increase its sales turnover in 2005.

Samsung said its India Research and Development center, based in Bangalore and Noida, will be expanded to meet the growing demand for both the Indian and foreign markets. (Sify.com)

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