Business Daily from THE HINDU group of publications
Tuesday, Mar 27, 2007
ePaper
Business Daily from THE HINDU group of publications Tuesday, Mar 27, 2007 ePaper |
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Money & Banking
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Credit Market Info-Tech - Hardware Marketing - Channels and Franchises
Our Bureau
Mumbai March 26 Cartridge World, printer cartridge refilling services brand, has tied up with SBI, to fund prospective franchisees to expand the company's operations in India. The SBI tie-up franchisees can approach the bank for loans at convenient terms that can further speed up the process of making Cartridge World's technology and quality of products and services available to consumers, said Mr Naveen Rakhecha, CEO, Cartridge World, (South Asia). "We have opened stores in three major cities of India and received overwhelming response. Our target is to have over 250 Cartridge World stores across the country by 2010," he added in a press release. According to Mr Chandrasekaran, CGM, SME BU, SBI, "The franchisee entrepreneurs of Cartridge World have the backing of a successful business model of a global leader."
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