Home Business Stock Market News: Cellecor Gadgets shares in the spotlight as the company expands
Each store showcases exclusive products and limited edition items, reflecting Cellecor’s commitment to providing innovative and engaging solutions to consumers.
Shares of Cellecor Gadgets Limited will be in the spotlight today as the company announced the opening of two new exclusive brand stores in Mizoram and New Delhi. The exclusive brand store in Mizoram expands Cellecor’s footprint to India’s northeastern border, bridging a geographical gap to offer cutting edge consumer electronics. The expansion underlines the company’s commitment to meet the diverse needs of consumers across the country while fostering local entrepreneurship through a franchise-based model.
Meanwhile, the opening of an exclusive brand store in New Delhi marks Cellecor’s strategic shift towards urban markets, catering to the dynamic tastes of the youthful demographic in particular. The move not only boosts Cellecor’s visibility in the bustling metropolis but also sets the stage for the introduction of upcoming trend-leading premium brands that are expected to redefine luxury and technological sophistication.
With the addition of these new stores, Cellecor now operates four exclusive brand stores across the country, offering a select range of consumer electronics including mobile phones, smart TVs, washing machines, kitchen appliances, smart wearables and hearables.
Each store showcases exclusive products and limited edition items, reflecting Cellecor’s commitment to providing innovative and engaging solutions to consumers. Going forward, Cellecor Gadgets Ltd. is in active discussions with multiple franchisees to further expand its exclusive brand stores.
The company plans to open around 16 additional stores across various cities in India in a phased manner to ensure strategic growth and strengthen its commitment to serving diversified markets.
“We are delighted to open Cellucor exclusive brand stores in Mizoram and New Delhi, strengthening our presence in both border and urban locations. Our franchise model enables local partners to champion our brand ethos and deliver an unmatched customer experience. Our opening in New Delhi marks a strategic milestone as we foray into metro markets, gearing up for the debut of our elite brands in line with evolving consumer trends,” said Ravi Agarwal, Managing Director, Cellucor Gadgets.
