Presto to strengthen its presence in India

Presto, a company known for its personalised and corporate gifts plans to take its store count to 50 in 2010. They are eyeing a turnover of around Rs 50 crore by opening more franchised outlets throughout the nation. Recently, the company has launched its 26^th store in Nagpur.

As per Anurag Poddar, Director, Presto says, “We would like to open 45-50 stores in 2010. We intend to launch two stores per month. We usually prefer to have our presence in malls to gain maximum visibility of the visitors. Since our company is based in Kolkata, we think we have already made adequate expansion here. Now we are aiming to head towards south and north simultaneously. Outside Kolkata, all our stores will be opened through the franchise route.”

The company already has established a strong presence in many cities of India such as Kolkata, Bengaluru, Guwahati, Bhubaneswar, Vizak, Patna, Siliguri, Durgapur, Shillong, Aizwal, Itanagar, Raipur and other places of eastern India. Presto showcases a diverse category of merchandise. The brand offers products like wooden clock with engraved message, photo frame, desktop accessories like wooden pen box, wooden diary, T-shirts, mugs to carry personal message, key rings and name plates . It also offers corporate buying products like personalised mementos, awards and appreciation products.