Leading Independent retailing group Point S opens its first retail stores in India.
After the announcement of the launch of Point S in India at the beginning of the year, Point S opened its first branded locations in Ludhiana, Punjab (North) and Kochi, Kerala (South). As a reminder in India, the Point S concept is implemented through Master Franchise Agreements with three regional partners who cover 5 of the most dynamic states: Deviate Enterprises for the Nation Capital Territory of Delhi and Punjab; GIAAN International for Maharashtra and Goa; and Tyrekada for Kerala.
These first flagship stores, which fully respect the Point S graphic charter, will be used as a showcase to recruit additional franchisees in the beginning of 2018 and reach an annual target of 25 Point S stores. At mid-term Point S aims at reaching 100 points of sale and covering more Indian States through an extension of the existing partnerships and the nomination of additional Regional Master Franchisees.
Fabien Bouquet, Point S International CEO comments: « We are very satisfied by the job accomplished by our Regional Master Franchisees for the opening of these flagship stores. They perfectly reflect our concept and are a good starting point for the expansion of our network in this promising market, supported as well by a consistent Point S marketing program”.
About Point S:
Registered and headquartered in France since 1971, Point S is the leading independent tyre and automotive service retailing group. The group now operations in 32 countries, with over 3,500 retailing points of sale. Point S in 2016 registered consolidated revenue of more than 3 billion euros, selling more than 16 million tyres of various categories from passenger, light truck, 4×4, SUVs, truck and bus, industrial and agricultural tyres.
Point S range of Point S Summerstar and Winterstar passenger, light truck, and SUV tyres are produced by a leading European manufacturer for sale exclusively within the Point S Group. Point S also retails a full range of automotive products and accessories from battery, wipers, brake and brake pads, which are produced by leading manufacturers in the respective industry.