Korean company Beccos forays into India with an aim to open 50 stores by 2019

South Korean brand Beccos has forayed into the Indian market and is looking at having around 50 stores by 2019. Also, the company has plans to invest around Rs 100 crore. The company is expecting a revenue of around Rs 200-250 crore in the next fiscal as the Hong Kong-headquartered firm is sensing a great potential from the Indian market. Besides, the company is also looking to tap the potential of the online sales and may consider to have its e-commerce channels after a year. Robust presence of the MNC brands in the Indian retail domain and their plan to boost footprint with the opening of new stores is a fresh business opportunity for the signage companies engaging in in-store branding and display projects.