New Delhi, March 6
The company will now market its products in India, Sri Lanka and Singapore through its master franchisee Neox Fitness Solutionz Pvt Ltd. The company manufactures treadmills, bikes and steppers among other fitness equipment, which range from Rs 1.65 lakh to Rs 17 lakh.
"Under the agreement, Neoxfit will market our products in India, Sri Lanka and Singapore and we plan to have around 10 sub-dealers in India within one year," said the Chief Development Officer of Hoggan Health Industries, Mr Ryan Dean Hoggan. Noexfit would have five dealerships in North, two each in the West and East, while the South would have one dearlership within next two years, Dr B. Bharath Shankar, Director of Neoxfit, said.