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Canon plans to open 100 franchise stores across India in 2011 and increase the number of stores to 300 by 2013.
Canon plans to open 100 franchise stores across India in 2011 and increase the number of stores to 300 by 2013. With this plan, Canon India would expand its footfall in 150 cities in the next three years.
This is in line with the growth of retail destinations like malls at the rate of 540 malls annually. Canon’s increased focus on penetration across the country will be by targeting major metros and tier II and tier III cities. The area covered by each outlet would vary from a minimum 800 sq.ft to a maximum 1,300 sq.ft.
