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Research in Motion to Expand Indian Retail Operations
Published on:
Research in Motion is planning to expand its retail operations in India to 250 cities by the end of this financial year as it sees growth opportunities in the country that buck the trend in other countries.
"When I took over last December we were present in 40 top cities, which rose to 80 by the end of March. We will take this to 250 locations by the end of this fiscal," RIM's India managing director Sunil Dutt told the Press Trust of India.
Although the company has lost market share in developed countries to high-end smartphones, it is still growing its customer base in developing markets. Over the past year, the company increased its market share in India by two percentage points to 15% of the handset market.
Overall there are 18.3 million BlackBerry users in the country, out of which 90 percent are BlackBerry Messenger users, he added.
On the web: Press Trust of India
Tags: [research in motion] [India]
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