PowerPoint Cartridges to expand its presence in India

MUMBAI, INDIA: PowerPoint Cartridges Pvt Ltd, India's leading compatible and eco-friendly recycled cartridges provider, has drawn up plans to increase its presence across India. It will be adding their footprints through franchise in tier-I and tier-II cities this year.

The company has recently entered into seven states - Delhi, Punjab, Haryana, Jammu, Madhya Pradesh, Uttar Pradesh and Uttaranchal - through franchise. It will soon enter Karnataka and Tamil Nadu to tap the southern region.

Vishesh Nangia, CEO, said that the Indian market size for printer cartridges is pegged at over Rs 4,000 crore and growing annually at over 30 percent.

"We have realised that refilling of cartridges demand was far more than anticipated and we have successfully proven our business model. We are now ready to roll out our footprints in the Indian market through a franchise model of expansion," he said.