Printo to open 250 retail outlets

BANGALORE, INDIA: Printo Document Services Pvt Ltd (Printo), retail venture in print and document services has announced its plans to open 250 retails outlets over the next three years entailing Rs 100 crores investments.

The company also announced on Wednesday that Naresh Malhotra, CEO, Café Coffee Day would join its Board as an active member from July 1, 2007.

Manish Sharma, co-founder and chief executive officer, Printo, said, “Globally the print and document services market is an organized business worth billions of dollars. In India, despite the market growing at an exponential 80 per cent year-on-year, there has been no organized attempt in this space.”

“The introduction of branded retailing in this space is sure to change the market contours radically in the coming years.”