Financial Daily from THE HINDU group of publications
Monday, Apr 03, 2006


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Info-Tech - Outsourcing
Industry & Economy - Printing


Printo rolls out first of 13 shops in Bangalore

Madhumathi D.S.

Printing and documenting market is seen at $3.6 billion

Bangalore , April 2

For years, it was just another innocuous, humble outsourced process of companies. Since Friday, the business of corporate printing and documenting has a name, a game plan, big-time investors. And it starts in Bangalore.

In the burgeoning IT-driven economy supposedly hurtling towards paperlessness, who really would have dreamt that Mr Sridhar Iyengar, Mr Naresh Malhotra, Mr Pravin Gandhi and Mr Raju Venkataraman, brands of Indian entrepreneurship and venture funding, would be playing angels to - well, print ?!

On Friday, Printo rolled out the first of its 13 shops planned for Bangalore. By 2009, there are to be 200 outlets across the country. "Printo will be India's first one-stop national brand for print and document services," said Mr Manish Sharma, who, with co-Partner and ex-Xerox executive, Ms Lalana Zaveri, hopes to stir up a new ink-and-paper wave across cities.

Printo has had an investment of $5,00,000 (over Rs 2 crore). The amount will double in two months with a second shop and there is no dearth of investments, he told Business Line.

The domestic printing and documenting market, Printo estimates, is a whopping Rs 15,500 crore and is growing at 25 per cent. Fuelling the print business are the endless IT, BPO recruitments (30 per cent of Printo market); and the financial services with their brochures.

More Stories on : Outsourcing | Printing | Office Equipments & Supplies

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Printo rolls out first of 13 shops in Bangalore


`India set to garner huge offshoring pie'
10-year validity plan from Reliance
Cricket is not your property, COAI tells Board
MindTree posts $102-m revenue
Intel coming to Hyderabad?
Screen-based FFA
Looking back
Firms no longer coy about outsourcing
`IT key for strategy delivery'



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line