Essar Telecom Retail targeting 3000 stores by 2010

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Essar Telecom Retail, the mobile phones and accessories retailing arm of the Ruias, plans too open 3,000 stores in over 600 cities, eyeing a turnover of more than Rs 3,000 crore by 2010.

“We expect to corner more than 10 per cent share of the Rs 30,000 crore mobile phone market over the next three years,” Essar Telecom Retail Ltd CEO and Director Rajiv Agarwal said in a statement.

Essar has a network of 220 stores, called The Mobile Stores, which is expected to grow to 700 by the end of March 2008.

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